Not all employers and company cultures are alike. We understand that different groups of members may need different investment options. For this reason, participating employers can choose their preferred level of investment flexibility in the NMG Umbrella SmartFund. The participating employer must choose one of the three investment options that the fund offers:
SmartFocus is suitable for employers who want to leave investments in the hands of the professionals.
The participating employer can choose the SmartActive or SmartPassive Life Stage model as the default investment strategy.
Members can choose to invest in any of the investment portfolios offered by the fund for member investment choice.
SmartSelect allows the employer to choose suitable portfolios in their default Life Stage investment strategy from the options made available by the trustees.
Members can opt out of the Life Stage model into any of the investment portfolios offered by the fund for member investment choice.
SmartExpert is suitable for employers who want to construct their own (on or off platform) bespoke investment strategy as it allows the participating employer to customise the investment offering.
The trustees have set criteria for this offering, which includes using the services of an investment consultant.