BetaShares, a provider of exchange traded funds (ETFs) in Australia, has introduced ETF model portfolio service for its financial adviser customers.
The new service will comprise a modular set of portfolios, including strategic asset allocation (SAA), dynamic asset allocation (DAA), and managed risk and income.
The third module is a model portfolio service to improve income and minimize volatility.
The portfolios has been designed for five different risk profiles, namely conservative, moderate, balanced, growth and high growth.
The performance of the portfolios will be tracked and allocations would be adjusted on a quarterly basis. Participating financial advisers will get quarterly reports, face-to-face support and digital assets.
BetaShares offers an array of ETFs which cover Australian and international equities, cash, currencies, commodities and alternative strategies. The firm has nearly $2.6bn in assets under management (AUM) as at 31 December 2015.