Investing in separately managed accounts

A separately managed account (SMA) is a portfolio of fixed income, equities or other securities that can be customized to achieve an individual investor’s objectives. SMAs are ideal for clients seeking to capitalize on the benefits of working with a professional investment manager while retaining the ability to influence various aspects of their portfolio.

How do SMAs work?

SMAs are well-suited for clients with larger account sizes that are seeking investment flexibility, tax efficiency and transparency, and offer a way for individual investors to be more closely aligned with the investment team responsible for their accounts while maintaining direct ownership of their investments.

What are the benefits of customization?

Customization allows investors to express portfolio preferences, resulting in greater control and more personalized investment outcomes.

Why separately managed accounts?

• Portfolios your way: Access the institutional-quality portfolio managers, analysts and research teams with the flexibility to customize portfolios to meet individual objectives
  
• Portfolio flexible and transparency: Including security selection, monitoring of holdings, portfolio statements and rebalancing
  
• Tax management: Tax efficiency, tax gain/loss harvesting and gifting