Dimensional launches ESG SMAs

Dimensional-Fund-Advisors/

11 October 2021
| By Chris Dastoor |
image
image
expand image

Dimensional Fund Advisors has launched three environmental, social and governance (ESG) separately managed accounts (SMAs) through Macquarie Wrap.

The three automatically-rebalanced model portfolios included a 100% high growth option, an 80%/20% growth/defensive split and a traditional 60%/40% balanced allocation, all with a fee of 50 basis points.

Once the investor was in the SMA, rebalancing occurred automatically and was administered by the wrap platform with no additional documentation required.

Glenn Crane, Dimensional Australian chief executive, said more investors in Australia wanted to invest sustainably without compromising good investment outcomes while keeping costs low.

“These solutions set within that structure are going to make sense for a lot of people,” Crane said.

“Our aim is to target specific sustainability characteristics that investors can understand and compare to industry standards.

“We believe this approach enables more transparent reporting on investment and sustainability metrics relative to benchmarks.”

Dimensional was named by the Responsible Investment Association Australasia (RIAA) as a ‘responsible investment leader’.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

5 days 16 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND