This includes model portfolios that contain iShares’ market-leading range of ASX-listed ETFs, which will now be accessible to the SelfWealth online investment community.

Head of iShares, Mark Oliver, explained: “In practice, this new arrangement gives self-directed investors and their service providers, such as accountants, the rare ability to see what other like-minded investors are doing. Having a peer-to-peer benchmark is not only unique it also makes sense in terms of its relevance and appeal. They can view league ladders of the best performers and choose the ones they’re interested in to ‘like’ or ‘follow’ – and be liked and followed in return.

“There is very strong functionality in the system – it’s like Facebook meets the Separately Managed Account (SMA). SelfWealth’s functionality means that where an investor decides that he or she wants to replicate an aspect of what one of their investment peers is doing the security trades required to replicate the model can automatically be created within the SelfWealth system. And, if the investor so chooses, he or she can then execute the trades via their own broker without leaving the system.”

Mr Oliver went on to explain that the arrangement with SelfWealth is strongly aligned with iShares’ core aims of making investing easier for all and helping investors build diversified, liquid and flexible portfolios.  

“We know that building portfolios that incorporate the breadth and diversity of global opportunities is of great interest to individual investors. However many investors find this difficult to implement.  Now, through this exclusive arrangement they can access a framework which helps them consider those opportunities and readily implement their own views with a few clicks.

“This is not about technology for its own sake; it’s about examining what investors and their service providers really need and coming up with elegant ways to deliver that for them,” Mr Oliver said.

The three iShares model portfolios, which can be viewed and followed by SelfWealth subscribers, include Australian Equity Income; Multi-Asset Balanced Diversified; and an International Equities portfolio.

“We are really pleased to be able to offer the SelfWealth community access to an Australian first. We expect the International Equity portfolio to be particularly appealing, as it offers a flexible framework that enables investors to blend our market leading range of ASX-listed ETFs to suit their desired investment outcomes,” Mr Oliver said.

Speaking about the exclusive ETF arrangement on behalf of SelfWealth, Managing Director Andrew Ward said:
“From a SelfWealth perspective, this arrangement adds real value because it provides an easy mechanism for our investment community to take action on the information they share.

“One of the real issues that self-directed investors have to deal with is information overload. SelfWealth not only ensures the information they receive is relevant to them, it also provides both the option for action and the means to achieve it.

“We are committed to a long-term partnership with iShares and are excited about the possibilities this opens up to our subscribers.”

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