At KPS we have developed a solution for you. We have created the KPS Investment Management Service to help you manage the day to day running of your portfolio.
The service caters for individuals, trusts, companies and self managed superannuation funds. Daily data feeds ensure that transactions, corporate actions and dividend payments are recorded to provide a current valuation of your investments.
We administer all shares and trusts listed on the Australian Stock Exchange, cash, bank bills, term deposits, government bonds and managed funds. The KPS Investment Management Service is a non-discretionary service allowing you to decide whether or not to accept our advice before we implement any changes to your portfolio.
KPS Investment Centre will hold all investments in your name, and as necessary, will act under the Limited Power of Attorney granted to us in order to implement your instructions with regard to purchases and sales of investments, and other transactions such as rights issues, takeovers, share purchase plans and term deposit maturities. You will retain all the rights and benefits associated with direct ownership of your investments.
We will record all your transactions, income and dividends received and corporate actions such as rights issues or term deposit maturities. We use the Macquarie Cash Management Trust as the financial hub of your portfolio to reconcile all cash movements through your account and also to provide a secure parking spot for your funds whilst they await investment.
Each quarter you will receive a report detailing the value of individual assets in your portfolio, any purchases or sales of investments, income received and expenses paid, all reconciled to the balance of your cash management trust. We also provide your interim capital gains tax position throughout the tax year.
You can also access daily portfolio updates at www.kpsinvest.com.au. Once your account is set up we will provide you with login details to access your portfolio.
At the end of the financial year we will prepare an annual tax report for your accountant. This comprehensive report will summarise the
composition of your income and distributions and provide a detailed realised and unrealised capital gains tax summary. This report will
enable you to better manage your tax position, save your accountant time and, in turn, save you money.