GDA is licensed to provide clients a Managed Discretionary Account (MDA) Service to effectively manage their portfolio. The MDA Service allows you to receive discretionary portfolio management services from GDA that include the purchase and sale of financial products in a range of asset classes as set out in a recommended investment program. The key benefits of an MDA include active management of your portfolio on an ongoing basis and an ability to respond proactively to market changes as per our investment committee’s direction and the parameters of your contracted agreement.
An MDA is most suitable for clients who want to take the worry out of managing a portfolio and who want their investments monitored. MDAs allow GDA to act on your investments in a timely and efficient manner and take advantage of opportunities that may occur. Without an MDA service in place each time we propose an amendment to your portfolio your written approval is required, delaying the timely execution of your strategy. Whether we are managing a portfolio of ASX listed investments or adjusting asset allocations, an MDA allows GDA to act in a timely and efficient manner on your behalf.
We will assist you in determining if an MDA service is appropriate for you and which portfolios are appropriate to manage your wealth.