.   Yellow Brixk Road has launched 10 new Separately Managed Accounts

.   The minimum investment is significantly lower than comparative industry offers to open the door to more quality investment opportunities to Australians

Yellow Brick Road has launched 10 Separately Managed Accounts (SMAs) to serve more everyday Australians with better advice and investment products.

The new Yellow Brick Road SMAs, the latest in a string of leading edge wealth offers from the Group, allow investors to put their money across one or more available investment portfolios such as managed funds, ETFs, direct equities and property. The efficient structure allows the product to run at a lower cost with less fees. The minimum investment is only $25,000 compared to similar products where the entry level investment is generally over $100,000.

Yellow Brick Road chief executive officer Matt Lawler said: “Building SMAs with a lower entry point into our investment product offering is another pillar to our approach to bring quality advice to more Australians. We are always looking at how we can lower the costs and improve the results for those still working and striving to get ahead.” lower cost solution normally only accessible for higher net wealth investors

The ten SMAs are available for both super and ordinary savings. Five of those utilise a combination of active and passive management and five utilise only passive management at a low cost. All provide active asset allocation and regular rebalancing.

Mr Lawler said that Yellow Brick Road is ramping up its wealth activities and the addition of SMAs follows a series of initiatives by the business to provide low cost wealth alternatives.

“Over the past couple months we launched our robo-technology Guru on Celebrity Apprentice, Loan Protect and our Protected Equities fund. All of these products and services open the door for more people to reach their hopes and dreams whether it be through financial advice, loan protection or investing into the Australian equities market,” he said.

Each set of five SMAs range from low volatility- low growth to high volatility- high growth. In the coming months two more SMAs for share investors will join the current ten options.

“We now have in place the complete spectrum of investment options whether your key priorities are price, low maintenance, managing downside or pursuing growth. We also have more sophisticated tailored outcomes to meet high earning net worth investors,” he said.

The SMAs are available on My YBR Account, a new Yellow Brick Road customer investment platform.

“Our investment service substantially decreases the administration for both advisers and clients alike, delivering functionality beyond the usual industry wrap accounts.”

Source: Yellow Brick Road

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