Clime launches SMA portfolios
Clime Investment Management has announced a number of separately managed account (SMA) investment portfolios for self-directed investors.
Investors would be able to access balanced or growth-oriented multi-asset class portfolios, which were launched in late 2019 or the All Cap Australian Shares model portfolios.
“Providing these managed portfolios meets this need for the Clime community of some 45,000 subscribers. Over time we will also be seeking to add direct share trading functionality, allowing subscribers to research and trade shares as well as invest in our portfolios, all with integrated reporting, within the Clime ecosystem,” Clime’s chief executive Rod Bristow said.
“A number of our other Australian equities and income strategies performed in the top 10% of their category over the same period. Bringing this capability and expertise to self-directed investors in the form of online access to our managed portfolios offers a unique opportunity for investors to gain a real edge in growing their wealth.”
According to FE Analytics, the Clime Australian Equities Fund returned 9.91% for the three-year period against the sector’s average which stood at 6.73%.
Clime Australian Income Retail Fund, which was launched in September last year, returned 2.44% over the six-month period against the sector’s average 1.73% and its benchmark, Index RBA Interbank Overnight Cash Rate, which returned 0.42% over the same time.
Performance of Clime Australian Income v its benchmark and sector since launch in September, 2019
AUTHOR
Oksana Patron
Recommended for you
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.
Negative market movements, coupled with net outflows, have prompted a near $6 billion decline in Challenger’s funds under management for FY25’s third quarter.
The real estate investment manager has positioned the APAC region for future growth with an internal promotion to the newly created role of deputy head of Asia Pacific.
