The Guided Portfolio Service (GPS) is a cost-effective way to
invest in a professionally designed model portfolio with personal
ownership and control.
The GPS combines the benefits of a directly held share portfolio
with the research capabilities and portfolio-design expertise of
leading global investment managers.
Using the GPS, you and your adviser can choose from a suite of
model portfolios, designed and overseen by asset allocation
Throughout the life of your investment, your adviser can
continue to oversee the model portfolio, modifying and rebalancing
it to ensure your investment stays on track. You retain direct
ownership and control over every transaction, so you and your
adviser can tailor your strategy to suit your needs.
Why choose the GPS?
The GPS is a simple and streamlined way to create a diversified
portfolio of direct investments, with expert guidance from
investment managers to keep you on track, advice and administrative
support from your adviser, and consolidated reporting that makes it
easy to keep track of performance.
The GPS model portfolios are designed and maintained by asset
allocation experts and sector specialists, with expertise covering
Australian and international shares, real estate, infrastructure,
fixed interest investments and more. So you can instantly create a
diversified portfolio backed by institutional-grade asset selection
capabilities, while still enjoying the benefits of direct
Unlike many managed accounts, investments through GPS are held
in your name, under your own individual CHESS Holder Identification
Number (HIN) - giving you complete control. With support from your
adviser, you approve any changes or rebalances to your portfolio
before they are made, and decide whether to follow the portfolio
manager's recommendations for corporate actions, such as share
buybacks and rights offers. Direct ownership also means you can
leave the GPS and continue to hold your assets or sell your assets
at any time.
Because you're in control, you can manage transactions to suit
your individual tax situation. Unlike a unitised investment, such
as a managed fund, your tax situation isn't impacted by the asset
redemptions made on behalf of other investors - so you choose the
timing of any capital gains. There are also no tax consequences if
you choose to withdraw from the GPS, with no need to redeem assets
and crystallise gains.
The GPS features a transparent and cost-effective pricing model,
with one low management fee, regardless of the number of
transactions required to keep your asset allocation on track.
Brokerage is included, so the cost is driven by how much you
invest, not the number of trades involved in establishing or
rebalancing your portfolio. There may also be indirect costs
applicable to some model portfolios - for more information see the
'Model Portfolio Profiles' brochure.
You can invest in more than one model portfolio under the same
account, so you and your adviser can view and manage your
investments in a single integrated portfolio. You can also switch
investments between model portfolios, quickly and efficiently - and
we'll identify common equities to keep transactions to a minimum,
reducing any tax impact.
Find out the objectives and philosophy behind each of the model
portfolios: Morningstar and BetaShares.
Bell Potter GPS Brochure >
Bell Potter GPS Model Portfolios >
Find out more
To find out more about the GPS, talk to your Bell Potter adviser
or contact 1300 0 BELLS(23557).