I am really excited to be announcing a new and improved series of Weinberg Private managed portfolios with the appointment of our new investment manager – Elston Asset Management.
You can watch a video update from me here:
The video explains in more detail the benefits of this change in investment manager to Elston, but a quick summary of the benefits to you as a Weinberg investor are:
- Elston specialise in direct equities in Australia – you will soon have direct equities for your Australian shares portion of your portfolios – more transparent!
- Reduced ongoing product and investment fee’s – a reduction in ongoing management fee’s for 6 out of our 7 portfolios, ranging from 12% pa reduction for our Moderate (50% growth) portfolio, up to 32% pa reduction for our High Growth (100% growth) portfolio.
- Corporate Actions handled for you.
- Track record – Elston have a 10+ year track record out performing the market. You can read more about them here www.elston.com.au
- Reporting – Elston are leaders at reporting changes and keeping us up-to-date with video content on stocks and the market,
- Forecasting Yields – a benefit of being invested in direct Australian Shares, Elston can forecast yields with and without franking credits.
I also went to Elston’s head office in Brisbane last month and recorded a video to introduce you to them. PLEASE WATCH THIS VIDEO HERE and learn more about Elston and their team.
The changes to your portfolio will take effect late May to early June so keep an eye out.
If you have any questions please let me know by email, otherwise I look forward to showing you these changes in more detail at our next forward planning meeting.
Direct Link to Aaron’s Video message: https://youtu.be/RrlAVyI2by8
Direct Link to Elston Introduction Video: https://elston.vids.io/videos/4d9fd9b91219e0c7c4/ek-financial-group
Stay Safe & Happy Investing,
Aaron Kane
Managing Director
EK Financial Group
