What is the Asset Allocation benchmark tool?

The Asset Allocation (AA) benchmark tool allows you to create your own AA benchmark on your client’s account in Adviser Online, making it easy to analyse the movement in your client’s portfolio asset allocation against this benchmark. This AA benchmark you’ve formulated can be used to help with discussions with your client.  

Types of accounts you can use it for

The AA benchmark tool is available for all Perpetual Private Wrap products. 

Types of assets you can use it for

AA benchmarking is available by ‘asset class’, not at the GICS level.

Where to find the Asset Allocation benchmark tool

The AA benchmark tool is available in Adviser Online in Account Overview under the Asset Allocation section.

The AA benchmark tool will appear in the following sections in Adviser Online:

  • The strategic Adviser Online reporting suite (Account Overview and Asset allocation Override print view)
  • As dual pie charts and an additional table with a second option (bar chart) to show the comparison and variance.

Asset allocation benchmarks will also reflect in the following reports:  

  • Asset Allocation report 
  • Detailed Asset Allocation report  
  • Portfolio Snapshot report.

It won’t appear in the Portfolio Review Report (PRR). It also isn’t available for your clients when they log in via either the client portal.

We’ll automatically carry across any previous AA benchmarking previously set up in Wrap Online to Adviser Online.

Turn the Asset Allocation benchmark tool on and off

To turn the AA benchmark tool on:

  1. Log in to Adviser Online
  2. Under the Clients tab in the side navigation, select Accounts
  3. Enter the account number you want to set up the Asset Allocation Benchmark tool for
  4. Once you’ve confirmed the account, select Account Overview
  5. Under the Asset Allocation section, select the Amend asset allocation benchmark button
  6. Enter your benchmark in the Proposed benchmark column, ensuring that the benchmark totals 100%
  7. Select the Review button
  8. Select the Submit button
  9. Select the View in account overview button to see your client’s asset allocation and benchmark comparison.

To turn the AA benchmark tool off:

  1. Log into Adviser Online
  2. Under the Clients tab in the side navigation, select Accounts
  3. Enter the account number you want to switch off the Asset Allocation Benchmark tool for
  4. Once you’ve confirmed the account, select Account Overview
  5. Under the Asset Allocation section, select the remove benchmark link
  6. Select the Remove button in the popup window to confirm that you want to switch off the AA benchmark tool.

Differences between the Asset Allocation benchmark tool and the flexible asset allocation facility

If needed, you can amend the default asset allocation to another asset class using the asset allocation override feature. 

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Perpetual Private Wrap is the marketing name for the Perpetual Private Investment Wrap (Investment Wrap) an Investor Directed Portfolio Service (IDPS) operated by Perpetual Trustee Company Limited (PTCo), ABN 42 000 001 007, AFSL 236643, Perpetual Private Super Wrap (Super Wrap) and Perpetual Private Pension Wrap (Pension Wrap) that are part of the Perpetual Super Wrap (RSE R1074406),ABN 22 897 174 641) (the Fund), as superannuation fund established by way of a trust deed. The trustee of the Fund is Equity Trustees Superannuation Limited (ETSL) ABN 50 055 641 757, AFSL 229757, RSE L0001458. The Perpetual Cash Account is a wholesale deposit with Macquarie Bank Limited ABN 46 008 583 542, AFSL 237502. Perpetual Private advice and services are provided by PTCo. This information has been prepared by PTCo and contains general information only and is not intended to provide you with advice or take into account your objectives, financial situation or needs. You should consider the Investor Services Guide and Product Disclosure Statement as applicable, and whether the information is suitable for your circumstances, we recommend that you seek professional financial, tax and/or legal advice. BPAY is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.

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