often tell us they prefer to own shares directly rather
than via managed funds.
offer a host of reasons; some share our enthusiasm for
the very idea of owning businesses, some are looking
for more control over capital gains events and income
streams, others like to keep running costs low to support
an allocated pension.
are yet to find a client who wants to own shares because
they love the paperwork.
has devised a direct portfolio service, which we have
called BlueCAPS (an acronym for Bluepoint’s Core
Australian Portfolio of Shares). As part of the service
we act as postbox for the paperwork and offer the client
and their accountant online viewing access to all transactions
and dividend information.