3 Reasons to Invest in a Separately Managed Account
If you want to invest in a managed fund, then you might not be sure whether to go with an individually managed account (IMA) or a separately managed account (SMA). While IMAs suit some investors, SMAs also have their advantages. What are the advantages of SMAs? 1. Lower Starter Investment Sums Every IMA and SMA has a starting investment level. This is the minimum amount of money you need available before you can invest in an account.