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Managed Discretionary Accounts

Managed Discretionary Accounts

What is a Managed Discretionary Account?

A Managed Discretionary Account (“MDA”) is a managed investment that is managed on the client’s behalf. Investment decisions are made at the MDA manager’s discretion using the client’s contributions without prior reference to the client for each transaction. BBY’s Australian Financial Services License (AFSL) permits BBY to provide MDA services to clients.

Why open a Managed Discretionary Account?

BBY’s MDA service takes the weight off the shoulders of time-poor clients. Instead of being burdened with the day-to-day management of your investment portfolio, BBY can exercise professional management at your discretion. An MDA account allows clients to invest in fast-growing markets without having to commit the personal time and attention required to trade these markets themselves. Our MDA service offers investment programs that are tailored to the individual needs of clients and always in the client’s best interests.

Interested in opening a Managed Discretionary Account?

Deciding on your MDA investment strategy is entirely dependent on your personal situation. In consultation, BBY’s MDA Operators will assess your risk profile, as well as your investment objectives. This will enable us to provide you with an MDA strategy solution tailored to your individual needs.

BBY offers two model portfolio solutions that offer income and/or growth:

  • Growth model portfolio: provides exposure to 10-25 blue chip high growth stocks listed on the Australian Stock Exchange (ASX). This portfolio’s strategy is focused on providing capital growth. The objective of this model portfolio is to outperform the capital return of the ASX 200 Accumulation Index.
  • Income model portfolio: provides exposure to 10-25 blue chip high yield stocks listed on the Australian Stock Exchange (ASX). This portfolio’s strategy is focused on providing a steady source of income with an emphasis on franking credits. The objective of this model portfolio is to outperform the income return of the ASX 200 Accumulation Index.

While BBY’s MDA service can produce returns suited to your investment goals, proceeding with any type of investment decision does involve risks. Be sure to discuss with our MDA Operator any concerns you may have, or obtain other professional advice before proceeding with this service.

Why BBY?

We understand that choosing the right investment partner is not easy. At BBY, our teams have the right combination of experience, market knowledge and determination necessary to achieve your investment objectives. We remain dedicated at all times to the interests of each and every client, and we strive to make certain that we are our client’s partner of choice for the long term.