Separately Managed Accounts (SMA)

An SMA is a convenient, cost-effective way for investors to hold a diversified portfolio of individual securities, managed by professional investment managers on their behalf.

Benefits of SMA

Broad Choice

Access to a broad choice of investment strategies that may not otherwise be available in fund format.


The client has control of their individual account (vs. being pooled with investors e.g. mutual funds).

Clients own underlyings

The client has full beneficial ownership of all securities in their individual account.


Client assets are held by the wealth manager or its own appointed custodian.

Cost Efficiency

Cost efficiency with fewer layers of fees and charges.

Highly Customisable

Ability to customize individual accounts to match individual client preferences


Full transparency of all securities holdings and transactions for each individual client

Simple Fee Structure

Full transparency of individual client fees and charges