The exchange-traded fund (ETF) model portfolios offered by State Street Global Advisors (SSGA) have been added to the Netwealth investment platform, which is now the fourth vehicle to host them.
The risk-based portfolios have been added to the platform’s Super and Wealth Accelerator investment wrap and make available to advisers the moderate, balanced and growth options available inside the SSGA offering.
The investment manager stated the portfolios use an open architecture investment structure so advisers can select their own portfolio of ETFs across a range of sectors, asset classes and product issuers and are offered as separately managed accounts.
SSGA Australia head of SPDR ETFs and Asia-Pacific, Europe, Middle East and Africa head of model portfolios Kathleen Gallagher said advisers value model portfolios for allowing them to save time to engage with clients and to create core-satellite investment strategies.
“A key factor that differentiates State Street risk-based ETF model portfolios from competitors is the inclusion of smart beta in the global allocation, which supports additional capital growth while maintaining traditional risk tolerances,” Gallagher said.
“Our risk-based portfolios are not your traditional 60/40 or 70/30 allocation – they are skewed towards growth while maintaining the same level of risk as traditional risk profile portfolios.
“We believe the transparent and open architecture nature of our models will further support advisers to achieve the desirable outcomes for their clients.
“An open architecture investment structure means that ETFs from a range of providers have been considered to ensure portfolio investment selection is not limited by sector, asset class or product issuer.”
The SSGA ETF model portfolios are also available on the BT Panorama, Hub24 and Praemium platforms.
