Independent ETF research house and Model Portfolio provider, AltaVista Research, has released a new version of its Portfolio Builder that enables advisors to blend their own ETF Model Portfolios using the universe of “plain vanilla” equities and fixed interest ETFs from all issuers.
What’s not actively pointed out is that whilst the number of ETFs in Australia may be small by global standards, the universe of ASX domiciled ETFs does allow for the construction of well diversified, cost effective and readily implemented ETF model portfolios across the major asset classes of domestic and global equities, bonds and cash.
In practical terms, the use of just one or two favourite ETFs to gain, for example an Australian equities exposure, frankly just may not be good enough from a portfolio construction or client outcome perspective. It’s just not as straightforward as simply buying the ASX200 and a satellite fund. Arguably, more value can be added and the new Portfolio Builder can help advisors deliver this to their clients.
ETFs are best used and can provide a viable alternative mainstream investment option when used in conjunction with a number of ETFs within a client’s portfolio. Our newly enhanced Portfolio Builder aims to provide advisors with the ease and convenience to harness the full transparency that ETFs provide through our quantitative research-based tools in order to construct portfolios to their desired specifications. Full quantitative research-driven reporting is provided ready to analyse and / or to present to the client.
The argument to use ETFs has generally been about the product and implementation differences. Use of ETFs has been arguably slower than expected and the business process changes involved are considerable. Our approach has been to try and cut through this. In our view, providing more ETF relevant research allows for greater education whilst appropriate analytical and modelling tools immediately deliver greater flexibility and time savings.
We seek to enable and empower advisors who wish to develop client specific ETF Model Portfolios in a convenient, consistent and reliable manner. This drives better client outcomes and greater business efficiency. When it takes considerably less than 5 minutes from login to report, it’s designed to allow advisors to utilise ETFs far more readily. Our view is that with better tools, advisors will begin to deliver better outcomes all round.
Using the new Portfolio Builder, creating well-researched multi-ETF portfolio is now a reality. It’s now straightforward to build an Australian Equities portfolio where total issuer-level product costs can equate to under 22 basis points or to build a Global Equities (ex-Australia) for under 40 basis points, with no Investment Management Fee, platform or unit trust in sight, this is what we call a game changer.
AltaVista’s “best-of-breed” offering comprises its proprietary quantitative research on 48 equities-based (already including the four new Market Vectors’ ETFs) and 10 Fixed interest-based ETFs on the ASX, analytical assessment tools, Portfolio Builder and their suite of embedded SAA Model Portfolios. On a global basis, AltaVista also covers over 750 Equities ETFs listed on the NYSE.
For the full press release, including personnel profiles, ASX ETP marketplace information, research coverage data and more click here: ETF Portfolio Builder
Contact:
Michael Turner
Head of Sales & Corporate Development
E: michael.turner@altavistaresearch.com.au
M: 0431 761 931