Lonsec has expanded its support of Managed Accounts on the AMP North and CFS FirstWrap platforms with the launch of its Lonsec Listed Managed Portfolios.
The portfolios harness the depth and breadth of Australia’s leading research provider, allowing investors access to a diversified portfolio of listed securities incorporating Lonsec’s Dynamic Asset Allocation.
“These managed portfolios give financial advisers access to investment solutions supported by one of Australia’s largest investment research and consulting teams,” said Lonsec CEO Mike Wright.
“Being able to draw on our investment selection and portfolio construction expertise can be a game changer for advisers, and we’re proud to be offer the Listed portfolios to North and FirstWrap users.”
Lonsec provide three Listed portfolios: Balanced, Growth and High Growth. Each are designed to achieve different risk and investment objectives over various timeframes. They are constructed using a range of growth and defensive listed assets such as Australian and global equities, property, bonds, and alternative assets and are backed by Lonsec’s rigorous governance and review process.
“The Listed portfolios have been designed for investors looking for capital growth and income over the medium to long term from listed assets and use a combination of active and passive securities to achieve these growth and income objectives,” said Danial Moradi, Portfolio Manager for Listed Products.
In addition to the Listed portfolios, the Lonsec Separately Managed Account – Core Portfolio will also be available on FirstWrap. This portfolio employs an active, concentrated, low-turnover strategy focused on quality Australian large cap shares.
“We are excited to expand the distribution channels for these portfolios, making them available to a broader group of advisers and their clients” said Moradi.
Inclusion on AMP North and CFS FirstWrap further expands the availability of the Lonsec supported Managed Account offering, following their existing availability on the BT, Macquarie, HUB24, Netwealth and Praemium platforms. Lonsec is one of Australia’s fastest growing Managed Accounts portfolio managers, with over $200m net inflows recorded into the portfolios they manage in February 2022.
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