Smarter Money Investments approved for BT Wrap

The boutique fixed-income manager Smarter Money Investments (SMI) is pleased to announce that its flagship “active cash” fund has been added to the BT Wrap Platform for use by advisers and their clients both inside and outside superannuation. 

SMI’s active cash strategy is already available on other leading platforms, including Macquarie Wrap, Onevue, Netwealth, Hub24, ASX mFunds, and Powerwrap. Its approval for use on BT Wrap will enable a significant number of new advisers to access one of Australia’s best performing short-term fixed-interest solutions in a convenient manner.

In 2014 SMI’s active cash strategy returned 4.1% after all fees in comparison to its average peer in the Morningstar short-term fixed-interest universe, which returned 3.2%. It also materially outperformed the Ausbond Bank Bill Index (2.7%) and the Ausbond Floating-Rate Note Index (3.9%).

It has been consistently ranked in the top 10% of all products in Morningstar’s short-term fixed-interest category since its inception three years ago in February 2012. The volatility of its returns has been low at less than 0.65% per annum with a Sharpe Ratio of 4.3 times.