Making Sense of Separately Managed Accounts and Individually Managed Accounts

Individually Managed Accounts (IMAs) and Separately Managed Accounts (SMAs) both offer investors a highly transparent managed share portfolio while avoiding the tax distortions that come with pooled investment vehicles such as managed funds.However, there are some important differences between individually and separately managed accounts and while they may sound very similar, these differences can have a significant impact on investment performance, suitability, and tax effectiveness.In General, Separately Managed Accounts are a good alternative to managed funds for many investors, while investors with $1 million or more, are likely to find the features of an IMA more compelling.The key differences between the two types of managed accounts rests in their approach to building an investment portfolio.SMAs are constructed with a ‘model portfolio’ where each investor receives precisely the same portfolio, based on a template created by the fund manager. IMAs however, are constructed individually for each investor, although each account will share some common holdings. These two approaches have some important differences:Investors in a SMA may buy stocks that have already enjoyed most of their returns, but remain in the model portfolio to avoid realising capital gains tax. IMA investors however will receive a portfolio that is assembled incrementally, as attractive opportunities arise.For the same reason, new investors in Separately Managed Accounts will receive a larger position in stocks that have already performed well, while IMA investors are likely to receive larger holdings in stocks the investment manager believes will perform well in future.IMAs also provide the ability to tailor the portfolio to the investor’s circumstances. For instance, an IMA manager may place more weight on generating franked dividends for a SMSF, while long term capital appreciation could be more valuable for an investor with a high tax rate. These differences in investment management help produce good after tax results for each investor. Since every investor in a SMA receives the same portfolio, the Separately Managed Account manager cannot factor individual considerations into their management.Both structures will allow the transfer an existing portfolio, with the IMA providing some additional flexibility and tax advantages. When importing an existing portfolio into a SMA, only those shares contained in the model portfolio will be retained and only to the proportion held in the model portfolio. Therefore, investors may still realise capital gains when entering an SMA. Conversely, a diligent IMA manager will adapt the existing portfolio over time and with consideration to tax events.Both offer tax effective investment management to tax conscience investors.For investors wishing to exclude individual stocks or sectors, an Individually Managed Account manager will hold alternative positions, while the SMA will generally hold cash in lieu of the excluded positions. This can have a significant impact on the portfolio’s overall returns.In executing trades, SMA investors will generally receive ‘at market’ prices on their transactions, while an IMA manager may attempt to get best execution and/or exercise discretion over the timing of buys and sells.Service levels are also different, with holders of Separately Managed Accounts receiving a service akin to a managed fund. while those using Individually Managed Accounts have ongoing access to the fund manager responsible for their portfolio and will likely receive personalised reporting.

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Certain Online Marketing Stratagems That Are Essential in 2017

Online marketing has imposed a big impact on both the smaller & bigger organizations. In fact, it is actually wiping out the traditional marketing through its approach. The concept of online marketing is also relative and varies from organization to organization depending on their amplitude, work culture & capital. With a lot of techniques that belong to different categories, online marketing has a bouquet of strategies for all the organizations, whether small or large, whether with a huge capital investment not.A big part of the online marketers think that online marketing is limited to SEO, SMO & SEM, where in reality, a lot of other online marketing strategies have already arrived at the end of 2016 and some of them are still coming since the beginning of 2017. So, as the field of online marketing is quite vast and very much volatile, therefore, the biggest online marketing experts always do the experiment and upgrade themselves to cope up with these changes.But geniuses are geniuses and we can’t wait for being one of them without doing nothing. So, before we lose the game and stay backward, here are certain strategies for you that are dominantly impacting the field of online marketing in the present year of 2017 too!Voice searchNot to say much, Google itself is emerging to the voice call search process. As online marketing majorly works around the search protocol, so the evolution of this latest search technique makes the game easier! Search by voice takes comparatively lesser time and freedom to choose the language users to want and is practically a very optimized method than the general search because it is easier and rapid in terms of showing results on the SERPs. With the rapid growth of voice search on the smartphones over almost all the countries of the world, the reach of this type of search has grabbed half the world of online marketing with its flexibility, smoothness and facilitated terms & conditions.Niche Content CurationGoogle now supports GIFs & videos on the SERPs that directly approach the viewers once they open the page. Once any topic is searched, along with the text contents and images, videos and GIF files also open up to optimize the understanding of the users. The crawler of Google crawls the websites and find out the videos and GIFs and when anyone searches for the niche term, the related videos and GIFs are displayed from the cache. This process has already started in the larger portion of the USA and in the near future, it is expected that this feature will dominate the entire virtual world.Mobile Responsive MarketingThe ‘big switch’ from the big screen to the small screen, more specifically, from desktop to smartphones has compelled the invention of responsive content. As more and more people are accessing the websites through the smartphones, along with the design, the contents need to be mobile friendly. To keep pace with this change, the online marketing strategies are also evolving into being mobile responsive.Live Streaming Cuts The Snow!To redeem online marketing from its old, almost obsolete freezing mode, the social media sites have launched the live streaming in the year 2016. The concept clarifies the objective that checking out the ‘at present scenario’ of the host makes the branding strong. With the help of the faster internet facility and the omnipresence of the smartphones, live video streaming channelizes the constant flow of endorsement and grab the attention of more public. As the amenity gets more and more attention, it is to hope that in the present year, we are going to get this feature more optimized.The ‘Go Getter’ Influencer MarketingInfluencer marketing is the latest in, in the online marketing in 2016. As a consequence, more and more industries are striving to apply this strategy, but without a proper knowledge of how to leverage it for a proper business progression. As influencer marketing focuses less on the direct approach to the targeted group of customers and focuses more on the key leaders or influencers to generate more traffic to your business, it empowers the online marketing from a new perspective.Content Marketing & Dense ContentContent density is the major requirement of organic SEO services. High-quality content and proper keyword stuffing in a website helps to grab the attention of the viewers and enables the website to gain the traffic easily.The ratio of the content on a page and the size of it is referred as content density. If a web page has a higher content density rate it ranks better in the Search Engine Ranking Pages or SERPs. This is because, with a higher content density rate, the crawler crawls the website and finds it more quickly.As people have less time to read the entire article, highlighting the particular portion of the articles that can make the deal is the key to success. Dense content marketing focuses on the chosen content that helps in achieving a good deal of traffic through content marketing.

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Should We Consider a Home-Based Business?

Why should we consider a Home-Based Business in today’s economy? Changes in America’s workplace are forcing us to open our minds and consider alternatives which, in the past, may have been considered by some as non-traditional. But of course, many of those people who become wealthy consider alternatives that the majority of the population deems non-traditional; otherwise more people would be financially independent!I’m not trying to say that all people can or should become wealthy, but it seems evident that the business and job environment for the masses is rapidly changing. I’m only asking that you have an open mind and allow me to share with you some ideas about the pursuit of success utilizing a home-based business.It’s been said that a mind is like a parachute, it works better when it’s open!Happiness and SatisfactionFirst there are some questions which we must ask ourselves in order to see if we really are satisfied with our current life. If you read the following statements and they stir no particular emotion, then you’re probably happy with who you are and what you’re currently doing.I wish I didn’t have to pay so much income tax.I wish my job or business paid me more money.I don’t have enough money for retirement.I can’t afford to pay for my children’s education.I wish my financial situation would allow me to at least semi-retire.I get so tired of my boss telling me what to do.I would like to have the flexibility to spend more time with my family.My advancement does not depend upon my accomplishments.I’m not paid what I’m worth.I’m not accomplishing my personal and financial goals.I’m tired of dealing with employees.I wish my job wasn’t so stressfulI want to control with and for whom I work.Do you identify with any of the above statements? Someone once said that success is a journey and not a destination. The purpose for this communiqué is to identify individuals who sincerely want more financial success in their life but don’t seem to have the right Vehicle for their journey.Years of experience indicate that success depends not only on the development of the individual, but also on having the appropriate vehicle. How many times have you seen people pour their heart and soul into a job or business and still not achieve the success they desire? Maybe that has happened to you. Let’s assume that you have the desire and persistence necessary to achieve the success you want.How about your current vehicle, will it take you where you want to go? If the future is as the past, are you on track to achieve your goals and dreams?How about you? Have you properly prepared yourself for success? If the answer is no and you are one of those individuals that truly possesses the desire and persistence necessary for more success, I respectively ask that you allow me to share with you a personal development program and business opportunity concept that has the potential to be that Vehicle to success!Risk Tolerance & ReliabilityWhen evaluating a Vehicle, we look at four distinct areas. First, the Vehicle must be safe in relation to the risk tolerance of the person. What is deemed as safe to a young person starting their career is certainly different from that of a person in or near retirement. Regardless, the height of our success should be limited only by our ability to develop the mental, emotional, spiritual, physical, and financial aspects of our own being… The vehicle must never be the limiting factor in our success.An opportunity’s reliability is a function of several factors including age, management, market, and compensation. Each of those topics warrants their own discussions.SuitabilityNext the Vehicle must be suitable for the individual. Experts have always said find something you like to do, figure out a way to make money from it and you will probably be successful. Professional athletes who earn fortunes playing a game they love are extremely fortunate. But, most of us have learned that we can’t always be financially successful working at our hobbies. However, we all deserve the opportunity to enjoy what we do and to work in a positive environment.Effort vs. RewardNext, the activities surrounding the Vehicle must be doable and provide opportunity in relation to effort! Not everyone can be a scientist, a doctor or a CEO of a Fortune 500 company. However, any individual can obtain financial success if they can match their abilities with the appropriate vehicle. The Vehicle must be time proven and be doable by a wide array of individuals of all ages, races, educational backgrounds, and business experience. In the cases where individuals have demonstrated true desire and persistence over a period of time, their income levels have equaled or exceeded that of many CEOs. Although education and experience may reduce the time period for achievement, desire and persistence are more important characteristics for success with our opportunity.Other Desirable TraitsWe believe using an appropriate home-based business as a vehicle for success addresses the four areas of concerns better than most other alternatives, whether for an additional $50 per month or for $50,000 per month of income. Having a home-based business is not a new concept. We’re asking that you consider adding a home-based business to your current job or business income. We believe that a home-based business possesses at least three additional desirable traits: a) immediate tax benefits, b) flexibility of time and activity, and c) a favorable opportunity to investment ratio.Tax BenefitsOwning a home-based business allows us to immediately make many of our current home and automobile expenses tax-deductible. In addition, other tax benefits include converting children’s allowances and living expenses, medical and dental expenses not covered by insurance, educational expenses, and travel expenses to tax-deductible expenses. In total, there are at least nineteen different types of tax deductions applicable to the home-based business. In many cases, these are expenses we already have but which are not currently deductible. If done properly, converting these expenses to deductions can often save enough in income taxes to finance a major portion of the new home-based business!Let Uncle Sam finance your home-based business.Uncle Sam wants to give you these deductions for a home-based business in order that you generate more income for yourself and others which results eventually in more income taxes for the government. Although I’m not qualified to give tax advice, I can refer a tax service that I use which specializes in home-business tax deduction planning.Current Trends in the WorkplaceThe availability of personal computers and people desiring flexibility of time and activity are the catalysts for a major movement of people working at home in corporate America. Those people desiring flexibility of time and activity and, in addition, want control of their financial destiny, are also starting home-based business en masse. Most people need additional income. Many people want more time with their families. Some simply want to have control of their time. We must be aware that the more obligations we have to other people, the less control we have over our own time. Our own desire for success is the only factor which controls the time of a home-based business owner.InvestmentNormally, when we think of our own business, serious investment immediately comes to mind. Many mortgage their homes to start a small business. Even if the individual possesses the desire to own their own traditional business, the majority of people do not have the proper education, experience, or disposition to successfully run a business which has risk of investment loss, debt, employees, inventory, advertising, customers, billings and collections and other on going problems! History shows that a majority of those businesses won’t last three years. In many cases, even if the business succeeds, it would not have the potential to provide financial independence without total domination of our time, energy and attention.FranchisesMost franchises cost tens or hundreds of thousands of dollars and a percentage of the gross revenue, regardless of profit. Our opportunity requires a very small investment and has virtually unlimited income potential. The potential is limited mainly by one’s own desire and persistence and time of involvement.Network MarketingWe are not asking that anyone change everything immediately. We are however, suggesting that people consider the addition of the right Network Marketing home-based business starting their journey of financial success in a different direction. Having a home-based business is not a new concept. Network Marketing is not a new concept. Having a home-based Network Marketing business is not a new concept. However, never in the history of our country has the concept been so prevalent and is fast becoming the norm rather than the exception!The reason is very simple. Our concept is providing American’s with what they want; control of their time and financial opportunities proportionate to their abilities and effort.Many home-based businesses provide all those benefits listed above; however, they have limited financial opportunity!With the right home-based Network Marketing business, one has all of the benefits and advantages of a home-based business and unlimited financial opportunity usually associated with a large traditional business.Our next post will be concerning “Why Network Marketing as Your Home-Based Business”.

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