FAQ
Who is eligible to invest in Austock Managed
Accounts?
As part of a registered financial product, it
is available to all investors who receive a PDS in Australia. You
are not obligated to first receive personal advice before investing
as many products now require. The fees are tiered so wholesale
investors pay proportionately less than retail investors but it is
designed to be fair to all. Most importantly, all active portfolios
in a particular mandate are managed identically regardless of
whether you invest $20m or $20,000.
How is Austock Managed Accounts different from normal
managed funds?
Austock is structured as a separately managed
account form of managed fund. This means each client beneficially
owns shares in one or more distinct portfolios rather than owning a
unit in a pooled trust. You select a mandate which determines how
your portfolio is managed. In the case of the internal investment
mandates run by Ben Hughes or John Aldersley, the portfolios can be
managed in a tax-aware manner.
What sort of client briefings can I
expect?
If you are local to our Sydney, Melbourne or
Perth offices, you can attend regular briefings in person.
Alternatively we can set up web conference broadcasts and telephone
conferences.