THE BENEFITS OF PARTNERING WITH PPM
Professional Investment Management Team
PPM’s experienced investment management professionals have a time tested investment capability extending 20 years. PPM is managed and majority owned by its employees and founding members, who invest alongside our clients.
Proven Australian & Global Equities Strategies
PPM manages strategies across balanced, income and growth style portfolios as well as asset class specific portfolios Australian and Global equities – with a proven track record of building and managing portfolios through investment cycles for over 20 years.
Tailored IMA Portfolios
PPM's premium IMAs enable bespoke portfolio tailoring to meet each client’s investment preferences, risk tolerance & tax considerations. Portfolios may feature prior holdings, ESS positions, investment and ESG restrictions. PPM IMAs are suited to HNW, Institutional and Not-for-Profit investors.
Model SMA Portfolios
PPM's investment and superannuation SMAs enable investors to access PPMs investment management expertise and track record. PPMs SMA models provide hassle free direct investing.
Direct Ownership & Control
Our IMA & SMA clients benefit from the greater control over tax planning, portability and transparency benefits associated with direct beneficial ownership.
World Class Technology & Custody Partners
PPM uses world class portfolio administration technology through Praemium and world class custodial services through National Australia Bank.
Access to Investment Opportunities
We can provide our clients with IPO opportunities and access to other in institutional share offerings – opportunities that as individual direct investors they may not have been able to access.
Premium Customer Service & Reporting
PPM provides direct access to your portfolio manager rather than a 1300 number. 24/7 online access. PPM comprehensive quarterly reporting and end of year tax reporting.
IMAS AND SMAS EXPLAINED
Individually Managed Accounts (IMAs) and Separately Managed Accounts (SMAs) enable clients to access direct international and domestic equity portfolios with greater control and transparency, however the differences between and benefits of IMAs and SMAs are perhaps not well understood.
Beneficial features of an SMA & IMAs
The advantages of IMA and SMAs over other available investment structures are clear. Direct ownership, transparency, cost and tax effectiveness are the core benefits for our clients of PPMs IMA and SMA investment management solutions.
The following table details the key features of IMA, SMA and alterative investment structures.
| Feature | Managed Funds | LICs | ETFs | SMAs | IMAs |
|---|---|---|---|---|---|
| Tax Efficiency | Poor | Moderate | Good | Good | Excellent |
| Portability | None | None | None | Good | Excellent |
| Managed to Particular Tax Outcome | No | Sometimes | No | No | Yes |
| Transparency | Poor-Moderate | Moderate | Good | Excellent | Excellent |
| Direct Ownership | No | No | No | Yes | Yes |
| Embedded Tax Liability | Often | Often | Sometimes | No | No |
| Capital Losses can be applied to: | Future gains within structure | Future gains within structure | Future gains within structure | Any current or future gains | Any current or future gains |
| Variety of Investment Options | Excellent | Good | Moderate | Moderate | Moderate |
| Portfolio Construction | Manager's discretion | Manager's discretion | Manager's discretion | Model portfolio | Manager's discretion |
| Tailored Management | No | No | No | No | Yes |
| Management Fee Tax Deductibility | No | No | No | No | Yes |
IMA Solutions
IMAs provide the key benefits of direct transparent ownership and the tailored investment management for individual investors, family offices, SMSFs, charitable organisations and Private Ancillary Funds.