Betashares Ethical SMAs now available on Netwealth

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Betashares ethically screened separately managed accounts are now available on the Netwealth platform

  • Betashares’ ethically screened separately managed accounts (SMAs) are now available on the Netwealth platform
  • Betashares was the first ETF manager to launch ethically screened separately managed accounts

Leading Australian fund manager, Betashares, today announced that its range of ethically screened separately managed accounts (SMAs) are now available on the Netwealth platform.

The SMAs include the Betashares Australian Sustainability Leaders SMA, which holds direct equities and provides exposure to Australian companies that meet strict sustainability and ethical standards. This SMA holds a portfolio of 35 stocks that are generally the largest and most liquid from Betashares’ market-leading Australian Sustainability Leaders ETF (ASX: FAIR).

Betashares’ ethically screened SMAs also includes three multi-asset SMAs, which combine the Australian direct equities SMA with Betashares’ leading ethical global equities and diversified bonds ETFs – namely the Betashares Global Sustainability Leaders ETF (ASX: ETHI) and the Betashares Sustainability Leaders Diversified Bond ETF – Currency Hedged (ASX: GBND).

Betashares CEO, Mr Alex Vynokur, said “demand from financial advisers for true-to-label responsible investment solutions continues to grow as investors increasingly seek out ways to align their portfolios with their values. We’re proud to work with Netwealth to offer financial advisers greater access to our responsible investment solutions.”

“The use of SMAs continues to grow as more financial advisers recognise the role this product structure can play in adding scalability to their practices and improving rigour around investment and portfolio construction decisions,” Mr Vynokur concluded.

Netwealth Managing Director, Mr Matt Heine, welcomed the new launch with Betashares as a reflection of the powerful trends shaping the future of the wealth management industry.

“Working with Betashares allows us to offer their ethically screened managed accounts via our investment and super platform. We are seeing continued demand for responsible investments as investors demand simple, convenient, and transparent investment solutions. Together, Betashares and Netwealth are well placed to deliver solutions to meet the needs of financial advisers and investors, now and into the future,” Mr Heine said.

MEDIA ENQUIRIES:

Kurt Graham

PR & Communications Manager

Betashares

[email protected]

+61 431 478 558

 

About Betashares

Betashares Capital Ltd (ACN 139 566 868 AFS Licence 341181) (“Betashares”) is a leading Australian manager of exchange traded products (“ETPs”) traded on the Australian Securities Exchange. Betashares offers the broadest range of ETPs on the ASX, covering Australian and international equities, bonds, cash, currencies, commodities and alternative strategies. Betashares currently has over $23 billion in assets under management.

This information has been prepared by Betashares. It is general information only and does not take into account the objectives, financial situation or needs of any investor. Before making an investment decision, investors should consider the relevant product disclosure statement (‘PDS’), and their circumstances and obtain financial advice. The PDSs and Target Market Determinations (TMDs) are generally available at https://www.netwealth.com.au/nw/ManagedAccount/ManagedAccountForms#. This document does not constitute an offer of, or an invitation to purchase or subscribe for any investment product.

An investment in any SMA product is subject to investment risk including possible delays in repayment and loss of income and principal invested. Neither Betashares nor any other party guarantees the performance of any SMA product or the repayment of capital or any particular rate of return.

Any SMA product that seeks to track the performance of a particular financial index is not sponsored, endorsed, issued, sold or promoted by the provider of the index. No index provider makes any representation regarding the advisability of an investment in the SMA products. No index provider is involved in the operation or distribution of the SMAs and no index provider shall have any liability for the operation or distribution of these SMAs or their failure to achieve their investment objectives.