BetaShares has made its ETF model portfolios available through separately managed accounts amid growing compliance and administration burdens for financial advisers.
In a statement, BetaShares said its Dynamic Asset Allocation ETF Models are optimised to five different risk profiles based on the APRA Standard Risk Measure, enabling advisers to easily match portfolios to clients’ financial objectives and risk profiles.
It said the models invest in seven major asset classes, with asset allocation reviewed quarterly and dynamically adjusted based on asset valuations, projected returns, and economic and financial trends across global markets.
In addition, BetaShares said there is also flexibility to seek incremental alpha or manage downside risk by tilting from strategic allocations.
BetaShares chief executive Alex Vynokur said advisers in today’s market face a mounting compliance and administration burden.
“A number of Australian advisers have found that partnering with BetaShares in delivering an ETF Model Portfolio solution creates a significant amount of cost and time saving for the practice, while providing clients a compelling investment proposition with a robust risk management framework,” Mr Vynokur said.
“BetaShares’ ETF Model Portfolios deliver managed model portfolio solutions with high levels of investment rigour, which are cost-effective, transparent, and simple to explain.
BetaShare ETF Model Portfolios via SMAs are available on the Macquarie Wrap, HUB24 and Praemium platforms, and will be available across more platforms by Q3 2019. They are also accessible on Desktop Broker’s Guided Portfolio service.