Transcript Slide 1

Instructions for use
This is to be used as a guide only for advisers when preparing a
personalised client seminar for their client(s).
The Aviva name and logo are used under licence from Aviva plc Group.
This information does not take into account the objectives, financial
situation or needs of any particular person or persons. As a financial
adviser, you will need to consider whether an investment is appropriate
for your client’s objectives, financial situation and needs. Some of the
information contained in this presentation is subject to change from time
to time.
Important notice
Terms and conditions for using this document
To help you with your recommendations, we have developed sample
wording that outlines our Separately Managed Account (SMA). This text
is written for an investor audience. You are responsible for any
representations you make to your clients. Should you utilise this
wording, you must satisfy yourself that it is appropriate in the context
which you intend to use it.
Please note by using this document you acknowledge and agree that:
 Aviva does not accept any responsibility or liability for the use of the
document
 it is your responsibility to ensure your use or publication of the
document complies with the Corporations Act 2001(Cth) and any
other relevant legislation
 you will identify your company as the issuer of the document and
provide an an appropriate disclaimer
Understanding a Separately Managed Account
Client seminar, DATE
Agenda for this seminar
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What is it?
Why use it?
How to get started
Questions
41%
of all
Australians own shares*
* Share Ownership Study 2008, Australian Securities Exchange
Lessons from the crisis
While investment performance is important, many investors have
recently discovered that it is just as important to know…
a.
b.
exactly what assets
they are invested in
they have access to their
investment if they need to
withdraw funds
Where
do I invest?
What do you want from your investments?
Your investment wish list
Grow
Steady
you wealth
income stream in retirement
Access
See
to a professional investment manager
exactly which shares you are invested in
Simple
Reasonable
paperwork and statements that make
tax time easy
fees
Choose
the level of risk you are comfortable
with
Easier way to manage
your investments if you have a selfmanaged super fund
We have a new solution
– Separately Managed Account
What
is it?
What is it?
Separately Managed Account (or SMA)
An SMA is a managed investment scheme that
allows you to access a range of professionally
constructed and managed portfolios of
Australian shares and cash.
Through an Aviva SMA you can…
Choose
Diversify
from a range of investment
styles or managers to suit
your personal preferences
and goals
your investments across
many Australian shares
Manage
Invest
all investments through the
platform
via a super, pension,
investment or
self-managed super account
What is it?
Just like an Australian shares managed fund
 hold all investments through the one platform/account
 invest through your super, pension, investment or self-managed super account
 choose a range of investment styles or managers to suit your goals
 diversify your Australian shares
The difference is you can
 view the underlying Australian shares of a portfolio in reports/statements
 save up to 20% in management costs than a comparable managed fund*
 avoid ‘inheriting’ capital gains when investment managers sell assets before you
invest to fund other investor redemptions
 minimise tax when you transfer shares between SMA models
 confirm prices in one business day^
* transaction costs may vary
^ Fast Track online switches only – standard turnaround times apply to all other transactions
Beneficial ownership explained
Investment
Superannuation
The beneficial ownership
of the shares remains with you
Or the trustee if your SMA
is held in superannuation
This means you:
- can see exactly which shares you are invested in
- receive the dividends and tax credits (known as franking or imputation credits)
that the shares pay
Beneficial ownership explained
No trust structure!
Unit trust
Separately Managed Account
Investment manager
Investment manager
Model
Model portfolio
Plan
Plan
Individual ownership – NO TRUST
Trust
Investor 1
Units
Units
Units
Share
Investor 1
Investor 2
Investor 3
Cash
Investor 2
Investor 3
Three ways to invest in shares
Why
use SMAs?
The benefits of investing in an SMA
No inherited
capital gains tax
Pay less
to manage your
investment
Diversify
your portfolio
Transparency
of your shares
Beneficial
Professional
investment
ownership of the
shares remains
with you
How
to get started
How does an SMA work?
 when you invest in the SMA, we establish an
individual portfolio of shares for you that is
based on the model portfolios that we have
chosen
 the number and type of shares you hold will
depend on the model portfolio we have
chosen
 each share will have a different value, and
the price of each share can change daily
 shares in the portfolio can change from time
to time as a result of an investment manager
changing the weightings in your chosen
model portfolio
How much do I need to get started?
 minimum investment: $10,000 per SMA
model portfolio
 to make it cost effective we suggest a
minimum investment of $30,000
 to determine the right amount for you,
we’ll need to look at your overall
investment objectives and needs
Why use a platform?
 a platform enables you to combine all your
investments in the one account
 makes it easy for you and your adviser to
manage and keep track of your investments
in a cost-effective way
Consolidate
Consolidate
Consolidate
 Aviva’s platform online account and
statement provides you with a single view of
your investment holdings
 you can see the shares in your SMA
consolidated along with your other
investments
 makes tax time easier
Range ofand
models
Models
pricing
Disclaimer
Navigator Australia Limited (Navigator) ABN 45 006 302 987 AFSL
236466 is the operator of the Navigator Personal Investment Plan and the
Responsible Entity of Aviva’s SMA, the Integrated Separately Managed
Account ARSN 138 086 889. A copy of the relevant Product Disclosure
Statement (PDS) is available from Aviva.
NULIS Nominees (Australia) Limited ABN 80 008 515 633, AFSL 236465, is
the trustee of the Navigator Personal Retirement Plan ABN 40 022 701 955,
which is part of the Navigator Master Trust.
The information contained in this presentation is of a general nature only and
does not take into account your particular objectives, financial situation or needs.
Before making an investment decision, you should consider the PDS and
whether it is appropriate for you. The above information is current as at the date of
publication.
While every attempt has been made to ensure the accuracy and reliability of
the information, it is not guaranteed in any way. The Aviva name and logo are
used under licence from the Aviva plc Group.