Glossary of Terms

SMA - Separately Managed Account
A non-unitised portfolio of investments (usually shares) which are beneficially owned by an individual investor, held by a custodian for safeguarding and professionally managed by an investment manager according to a model portfolio. To learn more about managed accounts, listen to our videos.

IMA - Individually Managed Account
A non-unitised portfolio of individually managed investments (usually shares) which are owned and held by the individual investor and managed individually for each investor.

UMA- Unified Managed Account
A single investment service offering portfolio administration and consolidated reporting for assets and liabilities on a tax entity basis, including Self Managed Super Funds. 

The OneVue UMA offers investors, advisers and dealer groups a single portfolio view and easily integrates into adviser desktop software.

To learn more about the OneVue UMA, phone 1300 790 235.