Bulk transacting allows you to buy, redeem or switch managed funds at a bulk level.
Bulk transacting allows you to buy, redeem or switch managed funds at a bulk level.
Automatic cash management can be used to efficiently manage cash within accounts linked to a model portfolio. This will ensure that changes made to the model will automatically flow through to the automatic cash management plan without any additional work.
When integrating a model portfolio with automatic cash management for a retail client, advisers will be required to confirm that personal advice has been provided recommending the account holder/s regularly invest in each of the products within the model portfolio.
Once established, the plan will run on the 20th of each month. If the 20th falls on a weekend it will run on the next business day.
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