BetaShares launches four ethically screened SMAs

BetaShares separately managed accounts Alex Vynokur

15 November 2021
| By Liam Cormican |
image
image
expand image

BetaShares has launched four new ethical separately managed accounts (SMAs), making it the first exchange traded fund (ETF) provider in Australia to launch such offerings.

The BetaShares Australian Sustainability Leaders SMA would hold direct equities and provide exposure to Australian companies that met its sustainability and ethical standards. The portfolio was based on the methodology of BetaShares’ Australian Sustainability Leaders ETF.

The ETF provider also launched three multi-asset SMAs which would combine BetaShares Global Sustainability leaders ETF for equities with its Ethical Diversified Bonds ETF.

BetaShares chief executive officer, Alex Vynokur, said he was proud of the fact that BetaShares was the first Australian ETF manager to bring ethical SMAs to market amid strong demand for these investment options.

“Investors are increasingly seeking to align their portfolios with their values while at the same time meeting their investment goals,” Vynokur said.

“These ethical SMAs will offer investors more choice to achieve these complementary goals via true-to-label investment solutions.

“Financial advisers continue to play an important role in the adoption of ethical investment options. Our ethical SMAs will allow financial advisers greater scope to recommend market leading solutions to their clients as ethical options cement their place in investor portfolios.”

Investors could access the BetaShares’ ethical SMAs on the Praemium platform, with additional platforms expected to offer them in the near future.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 21 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 week ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

3 weeks ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

6 days 1 hour ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

5 days 4 hours ago