Managed Funds SMA - Pros and Cons?

Discussion in 'Shares & Funds' started by Frank Manno, 24th Sep, 2017.

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  1. Frank Manno

    Frank Manno Well-Known Member

    Joined:
    26th Sep, 2016
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    Does anyone have any opinions on SMA's? In particular, Antares Dividend Builder SMA.

    And how does an SMA differ from a regular Managed Fund?

    I do know the differences between a managed fund and an LIC, in which there are benefits to the LIC in terms of the fund manager doesn't have to sell funds in an LIC to pay someone who wants out.

    IN regards to Antares in particular, Its a fund that invests in Australian industrial shares, Benchmark is S&P/ASX 200 Industrials Accumulation Index..

    For someone who has taken a Peter Thornhill approach to investing, can you see anything wrong with this SMA? Or SMA's in general?


    -Frank