Managed Discretionary Accounts are an effective and tax-efficient form of investment that combines the advantages of direct share ownership with professional investment management.

Rather than having assets pooled together in a managed fund, each investor has their own portfolio managed in a separate account. This has many benefits for the client, some of which include:

• The client retains beneficial ownership of the investments, with an account in their name held at the custodian. This reduces your risk of partnering with us, as we do not take control of your assets at any time.

• Each investor maintains an individual tax basis for each investment, making it a more efficient structure for tax planning purposes.

• All investments and cost bases are completely transparent to the client, who can see that the investment manager is operating in a manner consistent with the stated investment process.

• There is the option of tailoring the portfolio to individual client needs, whether these be tax, income, lifestyle, environmental or social concerns. This includes the ability to make regular contributions to or withdrawals from the portfolio at no additional cost, such as for a self-managed superannuation fund (SMSF).