Individually Managed Accounts

An Individually Managed Account (IMA) is a share portfolio which is specifically developed to meet the financial goals of the individual investor. Once a client's share investment profile is established, the portfolio is managed and administered by the client's personal Leyland Private Asset Management investment manager. Unlike traditional managed funds, IMA's allow an investor's specific needs to be addressed and a tailored investment strategy developed.

Portfolios can be tailored as much or as little as an investor likes. When establishing an investment strategy we consider the investor's individual goals, preferences and existing investments. Portfolios can be customised for capital growth or income, or a combination of the two. An investor can also choose to exclude any company or sector for any reason, such as a conflict of interest, ethical reasons or because of an existing exposure to a specific sector.

There are no entry or exit fees, or any other hidden fees or charges in an IMA. We do not charge for initial enquiries and operate under a simple fee structure which is charged as a percentage of the portfolio value. All expenses, including brokerage, set up and administration charges are incorporated in the quarterly management fee. We believe that the role of an investment manager is to help create more wealth; not take away the wealth that's been created.

Investors receive all the benefits of direct share ownership, including voting rights, dividends, franking credits, rights issues and share buy-backs.

Portfolios can be designed to provide maximum after-tax income, including franked dividends. An IMA can be established with cash or existing stocks without triggering any tax consequences. An IMA enables efficient end of year capital gains tax planning.

All administration associated with the portfolio, including the lodgment of documents and responses with share registries, is managed by Leyland Private Asset Management.

Clients receive contract notes for every trade and can access their portfolio details online at any time from Leyland's highly regarded portfolio reporting system. Clients can view performance, shares held, dividends, corporate actions, transaction etc. Clients may also download a detailed financial report for any account, and an aggregate summary if they have more than one account with Leyland.

We believe in clients knowing exactly what the total fees are for the management and administration of their portfolio - without confusing breakdowns and hidden extras. Our all encompassing quarterly fee is calculated as a percentage of the portfolio and will be between 0.25% and 0.5% depending upon size and requirements.

IMA's are a very efficient form of professionally managed, direct share market investment. The table below outlines the difference between IMA's and alternative forms of managed investments.