Fundies divided on SMAs

The managers:

Index
Blue Chip Top 20

Value/Income
Aviva Investors Dividend Builder
Perennial Value Shares for Income

Core/Growth
Ausbil Australian Concentrated Equity
Aviva Investors Core Opportunities
GS JBWere Core Australian Equities
Perennial Growth Shares
UBS High Alpha Long Term
Opportunity

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Why switching to a reference portfolio metric for YFYS is risky

Treasury’s proposal for a new single-metric performance test may seem refreshing, and sound like progress to a jaded industry, but potential dangers for funds, their members and the system at large lurk underneath.

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