Morningstar & iQ Ploutos: An Exciting Partnership

We are always looking at further ways to enhance outcomes and reduce your costs. As part of this ongoing commitment, we are absolutely delighted to announce that from July we are partnering with Morningstar to work alongside our Investment Committee to manage the iQ Ploutos investment portfolios.

Morningstar was appointed after a comprehensive review of some of the best Asset Managers Australia has to offer. They have an incredible depth of skills, global expertise and a track record of achieving superior risk considered investment outcomes.

In addition to the revamped investment management, you will also receive improved and more timely investment updates. Even better, thanks in part to Morningstar’s scale, we will be able to lower various fees associated with the investments.

iQP Investors using the HUB24 platform will, this Friday, receive notification of the change of Investment Manager. This is only part of the story, as 30 days thereafter you will receive the updated Product Disclosure Statement (PDS) which has all the details. We are legally precluded from saying much about the new PDS during the notice period, but we are certain you will be pleased by the updated approach, fund changes and total fee outcome.

If you would like to hear more and don’t want to wait 30 days, feel free to contact your adviser who can talk you through the changes. We will also be hosting a webinar in July to explain the revamped iQP.

iQP Investors using the Panorama platform will receive the Investor updates in July, with a projected go live in August.