A Managed Discretionary Account is a service where a portfolio of investments is maintained for you, and you authorise an investment manager to make decisions about that portfolio on your behalf. In this way, you delegate the day to day decision making about your investment portfolio.
Managed Discretionary Accounts are regulated by the Australian Securities & Investments Commission (ASIC) and the provision of Managed Discretionary Account services must meet certain conditions of the Corporations Act 2001 and the Australian Securities & Investments Commission (ASIC).
Managed Discretionary Accounts are managed by a Managed Account Operator that must hold an Australian Financial Services License authorising them to provide Managed Discretionary Account services.
Politis Investment Strategies is a holder of an Australian Financial Services License which authorises the operation and provision of Managed Discretionary Account Services. Southern Finance Solutions is an Authorised Representative of Politis Investment Strategies.
The Investment Committee at Politis Investment Strategies is responsible for managing model portfolios in accordance with key investment objectives.
Politis allow a portfolio to be constructed in accordance with your own personal objectives, risk tolerance and asset preferences.
This information is of a general nature only and has been prepared without taking into account your particular financial needs, circumstances and objectives. While every effort has been made to ensure the accuracy of the information, it is not guaranteed. You should obtain professional advice before acting on the information contained in this publication. You should also obtain and read a copy of the Product Disclosure Statement before making any decision to acquire a financial product. Jason Ellis of Southern Finance Solutions Pty Ltd, Authorised Representative of Politis Investment Strategies Pty Ltd, ABN 71 106 823 241, AFSL 253125.