Wholesale investors can invest directly in the Swell Global Managed Portfolio with a minimum investment of $500,000. The Portfolio is administered by Mason Stevens. You will need to read and agree to our managed discretionary agreement, by which you appoint Swell to manage your investment in the Swell Global Portfolio. You will also need to … Continued

Investments in the Swell Global Portfolio are managed within separate client accounts. This is different from a managed fund where clients subscribe to units in a pool of assets, known as a unit trust. Each one of our clients holds a portfolio beneficially owned directly by them and managed by us. This combines the benefits … Continued

The benefits of separately managed accounts are tax efficiency and transparency relative to a traditional managed fund. When you invest in a managed fund (unit trust), you inherit the tax position of the existing members. When one member leaves the trust, assets are sold to redeem that investor’s units. Capital gains are crystallised and incoming … Continued

An investment account is established in your name and you appoint Swell as the investment manager on your behalf. Mason Stevens Limited is the administrator and custodian of the account. Mason Stevens is a privately owned Australian company which uses Citicorp Nominees Pty Limited as its sub-custodian.

Investors using a financial adviser can invest in the Swell Global Managed Portfolio, an unregistered managed investment scheme operated as a managed portfolio service by Mason Stevens Limited or in the Swell Global Portfolio (SWE001) ARSN 645 033 941, a non-unitised registered managed investment scheme offered by HUB24 Managed Portfolio Service.

Your financial adviser will manage the application process for you on either platform.

The fees attributable to your investment will be determined by your adviser.

Mason Stevens as custodian and administrator of your account charges these fees (inclusive of GST): Administration fee based on net asset value: 0.275% p.a.         $0 – $500,000 0.220% p.a.         $500,000 – $1,000,000 0.00% p.a.           > $1,000,000 Account keeping fee: $165 p.a. Custody fee: 0.055%

Let’s say your investment was valued at $500,000 on 1 July 2019 and increased in value to $590,000 by 30 June 2020. The benchmark return was 8.60%, so the benchmark value is $543,000  =  ($500,000 x (1+8.60%)) The fee payable is $7,050.00  =  ($590,000-$543,000) x 15%