Praemium Portfolio Administration

Praemium was established to bridge the gap in the Australian market for a technologically advanced portfolio administration service that effectively administers the increasing trends in financial markets towards involvement in direct equity investments. Delivering the cost-effective investment portfolio administration tool V-Wrap, Praemium has further expanded its range of services to include the needs of accounting, financial planning and stock-broking firms with investment reporting, SMA's, CGT optimisation and wholesale portfolio services.

V-Wrap

V-Wrap is an online portfolio administration service, designed for professional accountants, stockbrokers, superannuation administrators and financial planners.

Key features include:

• Portfolio & capital gains tax (CGT) position reconstruction
• Daily position roll forward and reavaluation
• Optimised CGT processing
• Perfomance reporting
• Portfolio reporting

Some benefits of V-Wrap include improved decision making, accuracy, proactive CGT management, allows you to deal with multiple brokers, registered ownership, reduction of administration costs, relationship enhancment with clients, improved tax management, V-Wrap can be rebranded with your company logo, name, colour and so forth, and enhanced security.

Separately Managed Accounts

Præmium is a pioneer and recognised industry leader in the development of Separately Managed Account (SMA) technology for Australia. Our proprietary state of the art technology for operating a SMA enables:

• Online access for model providers, advisers and clients
• Full online account set up and maintenance
• Daily rebalancing of models
• Netting of buy/sell transactions across models
• In specie transfer of assets
• Customisations including stock substitutions and holding locks
• Capital gain scenario modelling and optimisation
• Multiple options for fee payments
• Badging

An SMA can be thought of as a more efficient alternative to a managed fund. You are still investing in shares and you are still accessing the fund manager's ability to select stocks. The key difference between an SMA and a managed fund is that the SMA is non-unitised.