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Pro Trader Securities offers a service for those
people who do not have the time to manage their own portfolio.
This service for sophisticated investors only,
relates to a situation where Pro Trader Securities can transact on
behalf of an individual client without prior reference to or approval of
that client. On a general basis, the client authorises Pro Trader
Securities to purchase, acquire, sell or dispose of securities to form
part or all of the portfolios at the discretion of Pro Trader
Securities. A management fee of 1.5% p.a. (plus GST) will be charged
quarterly or six monthly in advance, calculated on the value of your
portfolio
You will be considered a sophisticated investor if you invest an amount
of $500,000 or more. You will also be considered a sophisticated
investor if you have:
1. net assets of at least $2.5 million,
or
2. a gross income for each of the last 2 financial years of at least $250,000
per year.
In the case of the latter category, you must provide certification,
prepared within the last two years, from a qualified accountant.
We charge
no annual admin fee, so our service is extremely cost-effective,
and our remuneration is totally dependant on the performance of your
portfolio.
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