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What are the advantages of Managed Discretionary Account (MDA) structure through which you offer your service?
QuietGrowth provides its service through the Managed Discretionary Account (MDA) structure to enable clients to delegate the investment management and trading discretion for exchange traded funds and other securities to QuietGrowth. This means QuietGrowth will invest in financial products on your behalf without prior reference to you for each individual transaction.
Investing through an MDA allows you to retain beneficial ownership of the underlying securities. By using the term 'beneficial ownership', we mean that you retain the benefits of ownership similar to the manner of you owning the underlying securities directly. The benefits of ownership include dividends and franking credits.