Weinberg Private Managed Portfolios

Quarterly Updated and Commentary

2021

Q4 – coming early 2022

Q3 – coming late October 2021

Q2 – Click Here

Q1 – Click Here

2020

Q4 – Click Here

Q3 – Click Here

Q2 – Click Here


The Weinberg Private Group of practices and Zenith Investment Partners Pty Limited have assisted us in designing a series of managed portfolios (described in the managed portfolio menu). The managed portfolios are designed to let you invest across a range of asset classes based upon what you determine to be your financial goals and tolerance to risk.

Expertise

We have appointed Zenith Investment Partners to assist us to select, monitor, and make changes to the Weinberg Private series of managed portfolios in line with the stated investment objectives.

Choice

You can select from the Weinberg Private series of managed portfolios based on what you determine to be your financial goals and tolerance to risk. The series includes:

  • • Weinberg Private Conservative Core Portfolio
  • • Weinberg Private Moderate Core Portfolio
  • • Weinberg Private Balanced Core Portfolio
  • • Weinberg Private Growth Core Portfolio
  • • Weinberg Private High Growth Core Portfolio
  • • Weinberg Private Income Moderate Portfolio
  • • Weinberg Private Income Growth Portfolio

 

What is a managed portfolio?

Managed portfolios or separately managed accounts (SMA) come under the umbrella of managed accounts. A managed account allows investment decisions and transactions to be performed on a client’s account without requiring their express consent each time. In the context of the managed portfolio, it is the responsible entity (RE) that holds the discretion to make investment decisions and transactions on behalf of the client’s account.

Managed portfolios are non-unitised managed investment solutions that use a professional investment manager. Managed portfolios allow customisable and scalable investment solutions.

Managed portfolios are offered in the form of a financial product. Investors apply for an interest in the scheme via a PDS issued by the RE.

A managed portfolio is a registered managed investment scheme that allows clients to access a number of professionally constructed and managed investment portfolios comprising Australian listed investments, managed funds, and cash in which beneficial ownership is retained by the client or the trustee in the case of a superannuation investment. A managed portfolio can be accessed via an eligible platform (for both investment and superannuation).

The RE is ultimately responsible for the effectiveness and governance of the investment options (managed portfolios and customisations) that are available via the scheme, regardless of whether an external investment manager, dealer group or adviser is appointed.

Managed portfolios can be offered through a platform on a public basis, meaning they are available to any advisers who want to use them through the relevant platform.

Managed portfolios can also be offered on a private basis, meaning they are designed and made available to a select practice (practice based) or group of practices (federated model).

How does your portfolio work?

You can access your portfolio via your recommended platform.

When you invest in the scheme, the RE will establish your portfolio, and purchase the underlying assets that form part of the managed portfolios you’ve selected. Your interest in the scheme is held for you by your recommended platform, under the terms and conditions that apply to the recommended platform through which you access your portfolio.

All underlying assets held in your portfolio are held by the custodian that the responsible entity appoints. Each managed portfolio has a stated investment objective that will guide its management. The investment manager will monitor the portfolio’s asset allocation and adjusted it with a view to achieving its investment objective.

The investment manager exercises discretion in making the management decisions relating to your portfolio. Generally, the investment manager, sells, subscribes for, applies for, transfers or redeems assets in order to align your portfolio, as closely as is practicable, to the composition of the relevant managed portfolio to which your portfolio relates.