Global Equities Growth SMA
A PPM Separately Managed Account (SMA).
Private Portfolio Managers Pty Limited (PPM) is a boutique investment manager, with over 25 year performance track record that specialises in the construction and management of direct investment portfolios for long term wealth creation.
SMA BENEFITS
The PPM Global Equities Growth SMA is suitable to individual investors with a minimum initial investment of $50,000 who want to be able to access PPMs professional investment management expertise via a proven investment model.
PPM’s SMA investors retain the benefits of direct ownership including transparency and portability without the hassle of managing their investments directly. All portfolio administration is undertaken by the platform provider, including dividends, corporate actions, tax record- keeping and reporting. Existing investments can easily be transferred into (or out of) a PPM SMA without triggering capital gains tax consequences. Investors receive annual reporting and have online access 24/ 7 to the holdings of their SMA portfolio.
SMA Description
PPM Global Equities Growth SMA is an actively managed, concentrated portfolio of international equities listed on the ASX and major global exchanges (developed markets only).
The SMA is risk managed to protect investor capital and take equity positions in companies that have been identified through both a ‘top down’ thematic filter to identify sectors and opportunities, combined with a ‘bottom up’, deep research driven process to assess those companies that offer superior growth prospects over a 5 year term.
Investment Objective & Strategy
PPM Global Equities Growth SMA investment objective is to maximise long term capital growth total return. The SMA is constructed without consideration for index weighting or other artificial constraints with a strong focus on generating returns, preserving capital and effectively managing tax outcomes.
Investor Profile
- require a model global equity portfolio to directly access international investment opportunities;
- seek long term investment growth in a tax effective manner; and
- have long-term investment horizon of at least five years and accept the risk of price fluctuations during that period.
Model Parameters
| Investments | Global Equities |
|---|---|
| Minimum SMA Investment | $50,000 |
| Benchmark | MSCI World Developed |
| Investment Horizon | 5 years + with some volatility |
| Style | Active |
| Authorised Investments | International equities listed on major global exchanges |
| Asset Allocation Ranges | Global Equities: 70-98% Fixed Interest & Cash: 2-30% |
| Minimum Cash Holding | 2% |
| Number of Assets | 20-25 |
| Single security limit | 10% of portfolio |
| Derivatives | No |
| Leverage | No |
| Portfolio Turnover | <25% per annum |
| SMA Portfolio Fee (ex. GST) | Refer to PDS |
| Performance Fee | Nil |
| SMA date of inception | October 2017 |
As at 31 March 2024
Performance
| Global Growth SMA | MSCI World Developed | Value Added |
|
|---|---|---|---|
| 1 year % | 43.72 | 28.44 | 15.28 |
| 3 year % p.a. | 23.42 | 14.36 | 9.06 |
| 5 year % p.a. | 17.27 | 13.99 | 3.28 |
| 10 year % p.a. | 13.44 | 13.29 | 0.15 |
| 15 year % p.a. | 13.18 | 12.74 | 0.44 |
*Performance returns are before fees and taxes and are based on the actual aggregate performance of the PPM Global Equities Growth Individually Managed Account (IMA) portfolios prior to the inception date of the SMA and the actual performance of the Global Equities Growth SMA from the SMA inception date.
Asset Allocation*
Sector Allocation*
*Asset and Sector allocations are actual as at date of inception.
HOW TO ACCESS A PPM SMA
The PPM Global Equities Growth SMA is available for financial advisers through the following administrative platforms:
Please contact these providers directly for further information on how to obtain the relevant Product Disclosure Statement (PDS) and invest.
If you do not have a relationship with a financial adviser or accountant, PPM may be able to assist you locating one.
Please contact us if you require further assistance.
This website is owned and operated by Private Portfolio Managers Pty Limited (ABN 50 069 865 827 AFSL 241058) (PPM). The information on this website has been provided for general information purposes and must not be construed as investment or professional advice. PPM suggests you consider obtaining professional advice before making any investment decisions. The financial services described do not represent a deposit or a liability and are subject to investment risk including possible loss of income and capital. Neither PPM nor its directors, employees or any associate guarantee the repayment of capital, payment of income or any portfolios performance. Past performance is not necessarily indicative of future returns.
© 2020 Private Portfolio Managers Pty Limited ABN 50 069 865 827 AFS Licence No. 241058
Australian Equities Growth Portfolios
Australian Equities Growth Portfolios are actively managed portfolios of Australian shares.
Private Portfolio Managers Pty Limited (PPM) is a boutique investment manager with expertise in building and managing equity portfolios for clients through individually managed accounts (IMAs). Although each IMA portfolio is managed individually and incorporates each clients specific investment parameters and tax requirements, the aggregate characteristics of the Australian Equities Growth Portfolios are detailed below.
Key features
- A portfolio of directly held Australian shares.
- Selected and managed by PPM using its proven investment process.
- Risk averse, long term approach.
- Tax aware, seeking to optimise after tax returns.
- Concentrated portfolio of high quality companies.
Investment Objective & Strategy
- Outperform S&P ASX All Ordinaries Accumulation Index over an investment cycle.
- Low long-term volatility.
- Investment process identifies strong companies and industries. Disciplined approach to valuation.
- Comprehensive, in depth research into investments.
Investor Profile
- require a bespoke Australian equities portfolio;
- want the flexibility of being able to invest cash or transfer into their portfolio existing shares without triggering tax consequences;
- seek investment growth in a tax effective manner; and
- have a long term investment horizon of at least five years and accept the risk of price fluctuations during that period.
Investment Parameters*
| Management Style | Active |
|---|---|
| Benchmark | S&P/ASX All Ordinaries Accumulation Index |
| Number of securities | 20-25 |
| Single security limit* | 10% of portfolio |
| Derivatives | No |
| Leverage | No |
| Portfolio Turnover | <25% per annum |
Portfolio Profile
| Investments | Australian equities |
|---|---|
| Min Investment | A$500,000 |
| Investment Horizon | 5 years + with some volatility |
| Ability to tailor investments | Yes, bespoke IMA |
| Tax considerations | Yes, portfolios tailored to each client’s tax circumstances |
| Management Fee | % of FUM plus GST |
| Administration & Reporting Fees | None |
| Advice & Asset Allocation Fees | None |
As at 31 March 2024
Performance
| Australian Equities Growth Portfolios | All Ordinaries Accumulation Index | Value Added | |
|---|---|---|---|
| 1 year % | 18.57 | 14.98 | 3.60 |
| 3 year % p.a. | 13.91 | 9.52 | 4.38 |
| 5 year % p.a. | 12.07 | 9.51 | 2.56 |
| 10 year % p.a. | 8.24 | 8.49 | -0.25 |
| 15 year % p.a. | 11.09 | 10.15 | 0.95 |
| Since inception % p.a. | 10.51 | 8.44 | 2.07 |
*Performance returns are before fees and taxes and starting from 1 July 2022 includes the value of franking credits.
This website is owned and operated by Private Portfolio Managers Pty Limited (ABN 50 069 865 827 AFSL 241058) (PPM). The information on this website has been provided for general information purposes and must not be construed as investment or professional advice. PPM suggests you consider obtaining professional advice before making any investment decisions. The financial services described do not represent a deposit or a liability and are subject to investment risk including possible loss of income and capital. Neither PPM nor its directors, employees or any associate guarantee the repayment of capital, payment of income or any portfolios performance. Past performance is not necessarily indicative of future returns.
© 2020 Private Portfolio Managers Pty Limited ABN 50 069 865 827 AFS Licence No. 241058
Multi-Asset Income Portfolios
Multi-Asset Income Portfolios are actively managed portfolios of high yielding investments in Australian and global equities, fixed interest and cash.
Private Portfolio Managers Pty Limited (PPM) is a boutique investment manager with expertise in building and managing equity portfolios for clients through individually managed accounts (IMAs). Although each IMA portfolio is managed individually and incorporates each clients specific investment parameters and tax requirements, the aggregate characteristics of the Multi-Asset Income Portfolios are detailed below.
Key features
- A portfolio of directly held assets listed on major global exchanges, either tradable or redeemable.
- Selected and managed by PPM using its proven investment process
- Risk averse, long term approach.
- Tax aware, seeking to optimise after tax returns.
- Concentrated portfolio of high yielding investments in Australian and global equities, fixed interest and cash.
- Unhedged
- Can accept contribution in cash or transfer into the portfolio of existing shares
Investment Objective & Strategy
- Generate an agreed income target ($ or % of portfolio) and grow the capital value of the portfolio in line with inflation over the investment cycle.
- Low long-term volatility
- Investment process identifies sound assets. Disciplined approach to valuation.
- Comprehensive, in depth research into investments.
Investor Profile
- seek a defensive investment that produces a regular income stream;
- want the flexibility of being able to invest cash or transfer into their portfolio existing shares without triggering tax consequences;
- have a long-term investment horizon of at least five years and accept the risk of price fluctuations during that period.
Investment Parameters*
| Management Style | Active |
|---|---|
| *Blended Benchmark | 45% All Ords Accumulation Index,15% MSCI World Developed, 35% Bonds,5% Bank Bill Index |
| Number of securities | 20-35 |
| Single security limit* | 10% of portfolio |
| Derivatives | No |
| Leverage/ Shorting | No |
| Portfolio Turnover | <25% per annum |
Portfolio Profile
| Investments | Australian & International equities, fixed interest & cash |
|---|---|
| Min Investment | A$500,000 |
| Investment Horizon | 5 years + with some volatility |
| Ability to tailor investments | Yes, bespoke IMA |
| Ability to set income requirements | Yes |
| Tax considerations | Yes, portfolios tailored to each client’s tax circumstances |
| Management Fee | % of FUM plus GST |
| Administration & Reporting Fees | None |
| Advice & Asset Allocation Fees | None |
As at 31 March 2024
Performance
| Multi-Asset Income Portfolios | Blended Benchmark | Value Added | |
|---|---|---|---|
| 1 year % p.a. | 26.74 | 10.99 | 15.75 |
| 3 year % p.a. | 15.68 | 5.99 | 9.69 |
| 5 year % p.a. | 13.77 | 6.66 | 7.11 |
| 10 year % p.a. | 9.98 | 6.97 | 3.01 |
| 15 year % p.a. | 11.57 | 8.09 | 3.48 |
| Since inception % p.a. | 11.46 | 7.54 | 3.92 |
*Performance returns are before fees and taxes and starting from 1 July 2022 includes the value of franking credits.
This website is owned and operated by Private Portfolio Managers Pty Limited (ABN 50 069 865 827 AFSL 241058) (PPM). The information on this website has been provided for general information purposes and must not be construed as investment or professional advice. PPM suggests you consider obtaining professional advice before making any investment decisions. The financial services described do not represent a deposit or a liability and are subject to investment risk including possible loss of income and capital. Neither PPM nor its directors, employees or any associate guarantee the repayment of capital, payment of income or any portfolios performance. Past performance is not necessarily indicative of future returns.
© 2020 Private Portfolio Managers Pty Limited ABN 50 069 865 827 AFS Licence No. 241058
Global Equities Growth Portfolios
Global Equities Growth Portfolios are actively managed portfolios of that invest in quality global equities listed on major stock exchanges.
Private Portfolio Managers Pty Limited (PPM) is a boutique investment manager with expertise in building and managing equity portfolios for clients through individually managed accounts (IMAs). Although each IMA portfolio is managed individually and incorporates each clients specific investment parameters and tax requirements, the aggregate characteristics of the Global Equities Growth Portfolios are detailed below.
Key features
- A portfolio of directly held shares listed on major global exchanges.
- Selected and managed by PPM using its proven investment process.
- Risk averse, long term approach.
- Tax aware, seeking to optimise after tax returns.
- Concentrated portfolio of high quality companies.
- Unhedged
Investment Objective & Strategy
- Outperform MSCI (in $AUD) over an investment cycle.
- Low long-term volatility.
- Investment process identifies strong companies and industries. Disciplined approach to valuation.
- Comprehensive, in depth research into investments.
Investor Profile
- seek a bespoke Global equities portfolio;
- want the flexibility of being able to invest cash or transfer into their portfolio existing shares without triggering tax consequences;
- seek investment growth in a tax effective manner; and
- have a long term investment horizon of at least five years and accept the risk of price fluctuations during that period.
Investment Parameters*
| Management Style | Active |
|---|---|
| Benchmark | MSCI World Developed |
| Number of securities | 20-25 |
| Single security limit* | 10% of portfolio |
| Derivatives | No |
| Leverage/ Shorting | No |
| Portfolio Turnover | <25% per annum |
Portfolio Profile
| Investments | International equities |
|---|---|
| Min Investment | A$500,000 |
| Investment Horizon | 5 years + with some volatility |
| Ability to tailor investments | Yes, bespoke IMA |
| Tax considerations | Yes, portfolios tailored to each client’s tax circumstances |
| Management Fee | % of FUM plus GST |
| Administration & Reporting Fees | None |
| Advice & Asset Allocation Fees | None |
As at 31 March 2024
Performance
| Global Equities Portfolios | MSCI World Developed | Value Added |
|
|---|---|---|---|
| 1 year % | 41.20 | 28.44 | 12.76 |
| 3 year % p.a. | 20.28 | 14.36 | 5.92 |
| 5 year % p.a. | 14.06 | 13.99 | 0.07 |
| 10 year % p.a. | 10.57 | 13.29 | -2.72 |
| 15 year % p.a. | 11.07 | 12.74 | -1.67 |
| Since inception % p.a. | 10.42 | 8.15 | 2.27 |
*Performance returns are before fees and taxes.
This website is owned and operated by Private Portfolio Managers Pty Limited (ABN 50 069 865 827 AFSL 241058) (PPM). The information on this website has been provided for general information purposes and must not be construed as investment or professional advice. PPM suggests you consider obtaining professional advice before making any investment decisions. The financial services described do not represent a deposit or a liability and are subject to investment risk including possible loss of income and capital. Neither PPM nor its directors, employees or any associate guarantee the repayment of capital, payment of income or any portfolios performance. Past performance is not necessarily indicative of future returns.
© 2020 Private Portfolio Managers Pty Limited ABN 50 069 865 827 AFS Licence No. 241058
Multi-Asset Growth Portfolios
Multi-Asset Growth Portfolios are actively managed portfolios of high quality investments in Australian and global equities and cash.
Private Portfolio Managers Pty Limited (PPM) is a boutique investment manager with expertise in building and managing equity portfolios for clients through individually managed accounts (IMAs). Although each IMA portfolio is managed individually and incorporates each clients specific investment parameters and tax requirements, the aggregate characteristics of the Multi-Asset Growth Portfolios are detailed below.
Key features
- A portfolio of directly held shares listed on the ASX and major global exchanges.
- Customisable allocation by the client or by PPM
- Selected and managed by PPM using its proven investment process
- Risk averse, long term approach.
- Tax aware, seeking to optimise after tax returns.
- Concentrated portfolio of high quality investments in Australian and global equities and cash.
- Unhedged
Investment Objective & Strategy
- Outperform MSCI (in $AUD) and ASX All Ordinaries Accumulation Index over an investment cycle
- Low long-term volatility
- Investment process identifies strong companies and industries. Disciplined approach to valuation.
- Comprehensive, in depth research into investments.
Investor Profile
- seek a bespoke multi-asset growth portfolio;
- want the flexibility of being able to invest cash or transfer into their portfolio existing shares without triggering tax consequences;
- seek investment growth in a tax effective manner; and
- have a long term investment horizon of at least five years and accept the risk of price fluctuations during that period.
Investment Parameters*
| Management Style | Active |
|---|---|
| *Blended Benchmark | 55% All Ords Accumulation Index,40% MSCI World Developed, 5% Cash |
| Number of securities | 20-35 |
| Single security limit* | 10% of portfolio |
| Derivatives | No |
| Leverage/ Shorting | No |
| Portfolio Turnover | <25% per annum |
Portfolio Profile
| Investments | Australian & International equities |
|---|---|
| Min Investment | A$500,000 |
| Investment Horizon | 5 years + with some volatility |
| Ability to tailor investments | Yes, bespoke IMA |
| Tax considerations | Yes, portfolios tailored to each client’s tax circumstances |
| Management Fee | % of FUM plus GST |
| Administration & Reporting Fees | None |
| Advice & Asset Allocation Fees | None |
As at 31 March 2024
Performance
| Multi-Asset Growth Portfolios | Blended Benchmark | Value Added | |
|---|---|---|---|
| 1 year % | 28.77 | 22.47 | 6.30 |
| 3 year % p.a. | 15.72 | 12.52 | 3.20 |
| 5 year % p.a. | 13.63 | 12.00 | 1.63 |
| 10 year % p.a. | 10.15 | 11.22 | -1.07 |
| 15 year % p.a. | 12.15 | 12.40 | -0.25 |
| Since inception % p.a. | 12.61 | 10.92 | 1.69 |
*Performance returns are before fees and taxes and starting from 1 July 2022 includes the value of franking credits.
This website is owned and operated by Private Portfolio Managers Pty Limited (ABN 50 069 865 827 AFSL 241058) (PPM). The information on this website has been provided for general information purposes and must not be construed as investment or professional advice. PPM suggests you consider obtaining professional advice before making any investment decisions. The financial services described do not represent a deposit or a liability and are subject to investment risk including possible loss of income and capital. Neither PPM nor its directors, employees or any associate guarantee the repayment of capital, payment of income or any portfolios performance. Past performance is not necessarily indicative of future returns.
© 2020 Private Portfolio Managers Pty Limited ABN 50 069 865 827 AFS Licence No. 241058
Separately Managed Accounts
A Model Solution
PPM SMAs are suitable individual investors who want to be able to access PPMs professional investment management expertise via a proven investment model.
PPM SMA Investors retain the benefits of direct ownership including transparency and portability without the hassles of managing their investments directly. All portfolio administration is undertaken by the platform provider, including dividends, corporate actions, tax record- keeping and reporting. Existing investments can easily be transferred into (or out of) a PPM SMA without triggering capital gains tax consequences.
Investors receive annual reporting and have online access 24/ 7 to the holdings of their model portfolio.
In conjunction with their financial planners or advisers, investors select an SMA investment model that is best suited to meet their investment objectives and their portfolio will be managed in accordance with that model.
WHAT IS AN SMA?
A Separately Managed Account or SMA is a discretionary management agreement whereby clients delegate the day to day investment decisions and implementation of their chosen portfolio model to PPM while retaining the full beneficial ownership of their investments. PPM provides its professional investment management expertise and services and all execution, administration and reporting is undertaken by a platform provider.
Key benefits of a PPM SMA
| Feature | Managed Funds | LICs | ETFs | SMAs |
|---|---|---|---|---|
| Tax Efficiency | Poor | Moderate | Good | Good |
| Portability | None | None | None | Good |
| Managed to Particular Tax Outcome | No | Sometimes | No | No |
| Transparency | Poor-Moderate | Moderate | Good | Excellent |
| Direct Ownership | No | No | No | Yes |
| Embedded Tax Liability | Often | Often | Sometimes | No |
| Capital Losses can be applied to: | Future gains within structure | Future gains within structure | Future gains within structure | Any current or future gains |
| Variety of Investment Options | Excellent | Good | Moderate | Moderate |
| Portfolio Construction | Manager's discretion | Manager's discretion | Manager's discretion | Model portfolio |
| Tailored Management | No | No | No | No |
| Management Fee Tax Deductibility | No | No | No | No |
PPM SMA Models
Australian Equities Growth SMA
PPM Australian Equities Growth Model investment objective is to maximize long term capital growth total return. The model is constructed without consideration for index weighting or other artificial constraints with a strong focus on generating returns, preserving capital and effectively managing tax outcomes.
Global Equities Growth SMA
PPM Global Equities Growth Model investment objective is to maximise long term capital growth total return. The model is constructed without consideration for index weighting or other artificial constraints with a strong focus on generating returns, preserving capital and effectively managing tax outcomes.
How to access a PPM SMA Model
You will need to consult the services of a financial adviser or accountant to access a PPM SMA. If you do not have a relationship with a financial adviser or account PPM may be able to assist you in locating one in your area who can recommend our SMA services.
PPM SMAs are available thorough a number of administrative platforms including:
SIMON
MICHELL
Phone: 02 8256 3777
Email: sm@ppmfunds.com
I would be delighted to talk to you in detail about PPM’s SMA model portfolios.
CONTACT US
We would be delighted to talk to you in detail about PPM’s SMA model portfolios.
Phone: 02 8256 3777 Email: ppm@ppmfunds.com
Individually Managed Accounts
Tailored Investment
PPM first developed IMAs in 1995 to provide our clients with a better service in relation to the management of their investments.
IMAs provide the key benefits of direct transparent ownership and the tailored investment management for individual investors, family offices, SMSFs, charitable organisations and Private Ancillary Funds.
PPM partners with our clients and their advisers to ensure that each portfolio is tailored to meet each client’s investment requirements, risk tolerance and tax outcomes.
Clients can specify growth or income requirements, specific investment, environmental, social or governance (ESG) restrictions. As each client retains the direct beneficial ownership of their holdings, dividends and franking credits accrue directly to each portfolio and existing holdings can be transferred into their PPM portfolio without triggering tax events. Investment management, sell decisions, withdrawals and transitions are made with consideration to the clients total tax consequences and status – a key benefit for SMSF and Not-for-Profit clients.
All IMA clients have secure on-line account access, formal quarterly portfolio performance appraisals, portfolio commentary, and annual tax reporting. Reporting can be customised to meet a client’s specific requirements and can be uploaded directly their advisers accounting systems.
Clients receive regular portfolio manager contact as well as dedicated Client Services support from a team of administrators and portfolio accountants.
WHAT IS AN IMA?
An Individually Managed Account or IMA is a discretionary management agreement whereby clients delegate the day to day investment decisions and implementation of their chosen investment strategy to PPM while retaining the full beneficial ownership of their investments.
Key benefits of a PPM IMA
Active Investment Management
Tailored Individual portfolio
Effective
Tax Management
Transparent Direct Ownership
Bespoke Reporting
Learn more about why you should choose PPM as your investment manager.
Portfolio Strategies
Although PPM manages each client’s portfolio individually, incorporating their specific investment parameters, PPM offers several investment strategies each sharing a common focus of generating returns, preserving capital and effectively managing tax outcomes.
Portfolios are constructed without consideration for index weighting or other artificial constraints. Underlying investments are held in the investors name through an Individually managed Account (IMA), for better tax outcomes, transparency and security.
See below for more details on PPM’s IMA investment strategies.
Growth Portfolios
Multi-Asset Growth Portfolios are actively managed portfolios of high quality investments in Australian and global equities, fixed interest and cash.
Income Portfolios
Multi-Asset Income Portfolios are actively managed portfolios of high yielding investments in Australian and global equities, fixed interest and cash.
Australian Equities Portfolios
Australian Equities Growth Portfolios are actively managed portfolios of Australian shares.
Global Equities Portfolios
Global Equities Growth Portfolios are actively managed portfolios of that invest in quality global equities listed on major stock exchanges.
HUGH MACNALLY
Phone: 02 8256 3702
Email: hm@ppmfunds.com
I would be delighted to talk to you in detail about PPM’s service offering.