The BlackRock SuperSMA ("SuperSMA") is a Separately Managed Account solution which offers financial advisers a simple service to manage the direct equity holdings of their clients' investment portfolios and is designed specifically to meet the needs of investors who are looking to save for their retirement through superannuation.
The BlackRock SuperSMA is offered from the SuperSMA Superannuation Fund. The Trust Company (Superannuation) Limited is the trustee of the SuperSMA and issuer of the BlackRock SuperSMA PDS. Grosvenor Pirie Management Limited is the promoter and administrator for the SuperSMA. The SuperSMA invests in the Separately Managed Accounts ("SMA"), a registered managed investment scheme issued by BlackRock.
The BlackRock SuperSMA offers your clients three key benefits:
Investors are able to see online the underlying stocks they own, as a separate segregated account into which their investments are allocated. They can also view the daily performance and valuations of their portfolio, dividends and franking credits as they are received, purchases and sales, and any associated brokerage costs.
Investors gain exposure to the share market, and all the benefits of investing in this asset class, with the additional advantage of having their portfolio professionally managed through a choice of model portfolios.
Once your clients are signed-up to the SuperSMA and you have allocated them into one or a number of model portfolios, unless you choose to re-weight your clients' portfolios, they can be left to be managed by a professional investment manager.
Additionally, the SuperSMA provides your clients with the benefits available through a superannuation product including a range of insurance options and the ability to accept rollovers, co-contribution amounts and funds from other sources.
For further information on the BlackRock SuperSMA, please contact the SuperSMA Administrator:
Grosvenor Pirie Management Limited
blackrocksupersma@gpml.com.au
Phone: 1300 366 657