Yellow Brick Road has launched 10 separately managed accounts (SMAs) with a minimum investment of $25,000. The SMAs allow investors to put their money across one or more available investment portfolios such as managed funds, ETFs, direct equities and property.
"Building SMAs with a lower entry point into our investment product offering is another pillar to our approach to bring quality advice to more Australians," Yellow Brick Road chief executive Matt Lawler said.
"We are always looking at how we can lower the costs and improve the results for those still working and striving to get ahead."
The 10 SMAs are available for both super and ordinary savings. Five of those utilise a combination of active and passive management and five utilise only passive management at a low cost. All provide active asset allocation and regular rebalancing, the company said.
Each set of five SMAs ranges from low volatility/low growth to high volatility/high growth. In the coming months, two more SMAs for share investors will join the current 10 options.
SUBSCRIBE TO THE IFA DAILY BULLETIN
News
- 23 May 2018‘Shut it down’: CPA members rail against troubled advice armBy Aleks Vickovich and Jotham Lian
- 23 May 2018Labor heavyweight concedes industry fund hypocrisyBy Aleks Vickovich and Jessica Yun
- 22 May 2018Netwealth reflects on Banqer progressBy Reporter
- 22 May 2018Put Medcraft on stand, say fraud victimsBy Aleks Vickovich
- 22 May 2018Royal commission hears of ‘elder abuse’ and ‘coercion’By James Mitchell and Aleks Vickovich
- 22 May 2018Advisers oppose FPA, ASIC on grandfatheringBy Killian Plastow
- view all
