Superannuation

A separately managed account (SMA) is a professionally constructed and managed portfolio of Australian shares and cash.

The customer (or trustee for superannuation) is the beneficial owner of the underlying securities and that means they receive the dividends and franking credits from the underlying shares.

An SMA offers many benefits. These include professional asset management, the transparency to view the shares held in the SMA, an attractive price and tax effectiveness.

Our SMA is as easy as a managed fund 

Like a managed fund, our SMA allows you to:

• manage all investments through the one platform/account
• invest through a super, pension, investment or self-managed super account
• choose a range of investment styles or managers to suit your personal preferences and goals
• diversify your Australian shares – you have access to different companies, industries and sectors

However an SMA is different in that it allows you to:

• view underlying Australian shares in reports/statements
• save up to 20% in management costs*
• help clients avoid incurring inherited capital gains tax
• minimise tax when you transfer shares between SMA model portfolios
• confirm prices in one business day

More information

To learn more about our SMA please go to www.aviva.com.au/sma

* relative to a comparable managed fund; transaction costs may vary