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
The alternative investment manager has signalled its intentions to repackage an existing fund into a second private equity vehicle, targeting both listed and unlisted opportunities.
The acquisition of Mason Stevens by Adamantem Capital has reached completion, as the wealth platform looks to increase investment into its services for Australian wealth practices.
Platinum Asset Management and VanEck have both announced name changes to multiple of their ETFs to clarify their complexity.
Active ETFs are gaining traction in Asia-Pacific as wealth managers seek to blend the low-cost fees of passive with active management.
