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Our expertise in your clients’ portfolios

The JBWere Investment Strategy Group’s provision of world-class research and insights is the core of our SMA offering. Our portfolio management team has considerable knowledge and experience in researching investment opportunities and managing high conviction SMA portfolios.

  • Overview The JBWere Listed Fixed Income Portfolio (Portfolio) is focused on delivering a steady income stream that represents a premium to the income earned on term deposits of similar tenor, while striving for moderate capital appreciation. The Portfolio comprises ASX-listed securities including government and corporate bonds, hybrids, convertible notes and exchange traded funds recommended by JBWere. While the Portfolio aims to be fully invested at all times, short-term allocations to cash may occur.
    Investment objective To outperform the RBA Cash rate after fees by 200 basis points over a rolling 5-year period. Further, the risk objective of the manager is to have no more than three negative annualinvestment returns over a rolling 20-year period. 
    Investor profile
    May be suitable for investors seeking higher and/or more stable returns above that earned on lower yielding fixed income options such as term deposits or more volatile investments such as equities, via a well-researched, transparent and defensive-orientated listed fixed income portfolio. 
    Portfolio benchmark
    Benchmark unaware
    Management fee*
    0.55%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    8 - 20
    Indicative cash holding
    1% - 15%
    Investment universe

    ASX-listed fixed income securities including government and corporate bonds, hybrids,

    convertible bonds and exchange traded funds

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).

  • Overview The JBWere Income Portfolio (Portfolio) provides investors with tax effective income by investing in a portfolio of Australian shares that delivers high dividend yields and higher levels of franking in comparison to the S&P/ASX 200 Accumulation Index. The Portfolio is comprised of mainly blue-chip companies with an income focus. 
    Investment objective To enhance the value of investment capital by generating combined capital and income returns that exceed the rate of inflation over the longer term (5 year plus). The Portfolio aims to produce a consistent income stream, with a dividend yield target of 1% per annum higher than that of the S&P/ ASX 200 Accumulation Index. The targeted volatility of the Portfolio is at or below the Performance Benchmark volatility over a rolling 5-year period. 
    Investor profile
    May be suitable for investors seeking an equities portfolio that provides an income stream with higher yield and franking than the Australian equity market, and for investors seeking a concentrated blue-chip portfolio which includes resources. 
    Portfolio benchmark
    S&P/ASX 200 Accumulation Index 
    Management fee*
    0.55%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    15 - 25
    Indicative cash holding
    1% - 10%
    Investment universe

    S&P/ASX 200 Index 

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).

  • Overview The JBWere Industrials Portfolio (Portfolio) is a high conviction portfolio focused on delivering an above-average, after-tax income stream to investors while maintaining an underlying capital growth component. An emphasis is placed on stocks with high quality earnings, strong cash flows and highly franked, sustainable dividend yields. The Portfolio has an income focus with no resources or Australian Real Estate Investment Trusts (A-REITs) exposures and the potential for up to 30% of the Portfolio to be invested in companies in the S&P/ASX Small Ordinaries Index.
    Investment objective To provide income with moderate capital appreciation over a rolling 5-year period by investing in Australian listed securities that have strong income-producing characteristics that may include imputation or tax-deferred components. The targeted volatility of the Portfolio is at or below the Performance Benchmark volatility over a rolling 5-year period. 
    Investor profile
    May be suitable for investors who are in the accumulation and/or pension phase and are seeking both tax efficient income and capital growth. The Portfolio will be ideal for investors wanting exposure to industrial companies but not resources and A-REITs securities. 
    Portfolio benchmark
    S&P/ASX 300 Industrials Accumulation Index 
    Management fee*
    0.40%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    15 - 20
    Indicative cash holding
    1% - 5%
    Investment universe

    S&P/ASX 300 Industrials Index (excluding A-REITs and resources companies) with potential for up to 30% of the Portfolio in the S&P/ASX Small Ordinaries Index.

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).

  • Overview The JBWere Growth Portfolio (Portfolio) is tilted towards stocks that have structural earnings growth. The aim is to provide investors with high quality, capital growth by investing in Australian shares that have superior earnings qualities that generate higher returns over the medium to long term. 
    Investment objective To enhance the value of investment capital by generating combined capital and income returns that exceed the rate of inflation over the long term (5 years plus). The targeted volatility of the Portfolio is at or below the Performance Benchmark volatility over a rolling 5-year period. 
    Investor profile
    May be suitable for investors who are in the accumulation phase, and for those seeking long-term, above-market capital growth as opposed to income. 
    Portfolio benchmark
    S&P/ASX 200 Accumulation Index 
    Management fee*
    0.55%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    15 - 20
    Indicative cash holding
    1% - 10%
    Investment universe

    S&P/ASX 200 Index 

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).

  • Overview The JBWere Small Companies Portfolio (Portfolio) is a high conviction portfolio that seeks to provide long-term capital growth by investing in small and midcap Australian companies listed on the ASX. The companies in the portfolio are selected for their sustainable business models and earnings growth potential. 
    Investment objective To provide long-term capital growth by investing in a broad selection of Australian listed companies in the small to mid-cap range. The targeted volatility of the Portfolio is at or below the Performance Benchmark volatility over a rolling 5-year period. 
    Investor profile
    May be suitable for investors who are in the accumulation phase and seeking long-term capital growth by investing in small to mid-sized companies. 
    Portfolio benchmark
    S&P/ASX Small Ordinaries Accumulation Index 
    Management fee*
    0.45%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    15 - 25
    Indicative cash holding
    1% - 5%
    Investment universe

    S&P/ASX Small Ordinaries Index or market cap <$2bn (with 20% allowed outside these parameters),

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).

  • Overview The JBWere Leaders Portfolio (Portfolio) has an income focus and seeks to provide consistent long-term income growth with some capital growth. It has a particular tilt towards industrial shares that have a high dividend yield and a high proportion of franking credits. Exposure to resource shares will be included where they meet the Portfolio’s overall mandate. 
    Investment objective To provide consistent long-term income growth with some capital growth over a rolling 5-year period by investing in a broad selection of S&P/ASX 50 listed companies across various sectors and industries. The targeted volatility of the Portfolio is at or below the Performance Benchmark volatility over a rolling 5-year period. 
    Investor profile
    May be suitable for investors who are in the accumulation and/or pension phase and are seeking both tax efficient income and some capital growth via exposure to Australian large caps. 
    Portfolio benchmark
    S&P/ASX 50 Accumulation Index 
    Management fee*
    0.40%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    15 - 20
    Indicative cash holding
    1% - 5%
    Investment universe

    S&P/ASX 100 Index (with a maximum of 20% invested outside of the largest 50 stocks by market capitalisation). 

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).

  • Overview The JBWere Multi-Strategy Portfolio (Portfolio) seeks to provide long-term capital growth by investing in a broad selection of investments listed on the ASX, across a range of asset classes. The investment universe includes large cap stocks, small-midcap stocks, listed corporate bonds, listed hybrid securities, A-REITs, LICs, ETFs and ETCs. 
    Investment objective To provide long-term capital growth with above average, after-tax income and out-perform the Morningstar Multi-Sector Growth peer group index by 3% p.a. over rolling 5-year periods. 
    Investor profile
    May be suitable for investors who have an investment horizon of at least 5 years and a moderate to high risk tolerance and who are aiming to achieve capital growth over a long-term timeframe and are seeking slightly lower volatility than that provided by a 100% growth asset mix. Investors need to be comfortable with investing directly in listed securities (as these securities may experience significant volatility from time to time). 
    Portfolio benchmark
    Morningstar Multi-Sector Growth Market Index 
    Management fee*
    0.60%

    Minimum suggested

    investment timeframe

    5 years

    Indicative number of

    securities

    20 - 40
    Indicative cash holding
    1% - 20%
    Investment universe

    S&P/ASX 300 Index, listed corporate bonds and listed hybrid securities, A-REITs, LICs, ETFs and ETCs.

    * Inclusive of GST and net of Reduced Input Tax Credits (where available).