State Street offers ETF model portfolios through Praemium

ssga/State-Street-Global-Advisors/ETFs/praemium/multi-asset/fixed-income/meaghan-victor/

14 June 2019
| By Chris Dastoor |
image
image
expand image

State Street Global Advisors (SSGA) has announced it has partnered with managed accounts platform Praemium to offer a suite of new exchange-traded fund (ETF) model portfolios.

The ETF model portfolios available on the Praemium platform include a range of risk-based ETF model portfolios (moderate, balanced and growth), aimed at pursuing optimal capital efficiency over a long-term horizon.

Meanwhile, objective-based model portfolios would provide investors with an income-focused solution. These would focus on multi-asset class allocation to diversify across income sources.

The model portfolios were constructed based on risk tolerance in order to achieve market exposure across equity and fixed income markets.

Praemium’s Managed Accounts platform would be the first platform offering the new suite of products.

Meaghan Victor, head of SPDR ETFs, Australia and Singapore, said partnering with Praemium opened up their ability to bring institutional quality and professional funds management to more investors.

“The combination of ETFs and no investment manager fees on our model portfolios means that we can provide cost-conscious solutions,” Victor said.

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 3 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 3 weeks ago

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

4 months 4 weeks ago

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

1 week 5 days ago

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

2 weeks 3 days ago

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

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND