Clients establish an SMA account by lodging cash or existing shares. Investments are not pooled, the client retains beneficial ownership of all shares. Blackrock Investment Managers are the responsible entity with custodial and administrative responsibility.

NAM is responsible for the portfolio management and process the market transactions through Blackrock . Blackrock handle all of the administration relating to the investments including trade settlement, receipt of dividends and payment of management fees through the linked cash account.

All model portfolios are professionally managed with an absolute commitment to the preservation and growth of your wealth.

All investments will be in Australian Listed shares. We approach the Australian sharemarket with a minimum 3 to 5 year time frame with our best results achieved over an investment period greater than 5 years.

A typical portfolio would contain shares in 15 to 25 very profitable Australian companies. These companies are selected for their excellent growth prospects. 75% to 80% of the portfolio would include companies from the ASX Top 100 (the top 100 shares by capitalisation in the Australian sharemarket). Portfolios are well diversified across various industries with typically no more than 9% invested in any one share.

We regard stock selection as critical to investment success and have developed a proven, well defined and disciplined strategy to both buying and selling shares. We do not enter into any derivative products and the portfolio does not target speculative issues or property companies.

Objectivity is also critical. Our methods are designed to take the emotion out of the investment process. Confidence, experience and discipline serve us well in producing exceptional returns for our clients.

As part of the SMA service, Blackrock handle all of the paperwork relating to your investments and administer your portfolio through the Praemium portfolio administration service. Praemium provides superior tax and reporting features.

Clients can view their portfolios on-line at anytime through our website. The link to Praemium allows clients to view their current portfolio valuation, portfolio performance, transactions and all historical information relating to their account. Reports can be printed directly from the website with recalculation functionality to select the report dates ie for end of month or quarter etc.

In July we will prepare a comprehensive financial year end tax report for you to provide to your accountant. This report includes:

• Performance reports
• Portfolio valuation reports
• Transaction reports
• Income and expense reports
• Realised CGT reports
• Unrealised CGT reports
• Tax Summary