Put yourself in control
10 MOST-ASKED QUESTIONS
Q What is a managed account?
It is a professionally managed portfolio of investments. It provides investors many of the benefits of direct ownership, while having an investment manager actively review and rebalance the portfolio based on the strategy and investment decisions of the chosen portfolio manager.
A managed account may be comprised of domestic equities, exchange traded funds (ETFs), managed funds, international equities or a combination of asset types.
An important distinction of managed funds is that when investing in a managed account, the investor has beneficial ownership of each of the underlying assets rather than a unit in a trust, which is effectively an amalgamation of the value of all the underlying assets into a single holding. This entitlement to the underlying assets adds certain tax and other benefits.
Managed accounts are
