The Global Market Access service provides Netwealth superannuation and wrap account holders with the ability to trade international securities, offering an efficient and cost effective way to access international markets.
"While the Australian equities market continues to provide attractive investment opportunities, it is only approximately two percent of global equity markets." said Netwealth Joint Managing Director, Matt Heine.
The service allows investors to place trades directly with Netwealth who then arrange execution on up to 10 exchanges from around the world via Citi's global network.
International holdings can be viewed, tracked and reported all online alongside other assets to provide a complete view of the superannuation and investment position.
Citi's Head of Equity Trading Daniel Young said, "We are pleased to work with Netwealth in this innovative way. They are leveraging Citi's global network to offer their clients an efficient way of accessing a broad range of overseas markets that are not generally available on traditional platforms."
The Global Market Access service will provide the ability for Netwealth's Australian clients to invest in stocks on the following exchanges and markets: NYSE (USA), NASDAQ (USA), LSE (United Kingdom), TSX (Canada), Euronext Paris (France), Deutsche Boerse (Germany), Euronext Amsterdam (Netherlands), TSE (Japan), KLCI (Malaysia), HKE (Hong Kong).
For more information about Global Market Access via Netwealth click here.
This information has been prepared and issued by Netwealth Investments Limited (Netwealth), ABN 85 090 569 109, AFSL 23097, ARSN 604 930 252. It contains factual information and general financial product advice only and has been prepared without taking into account your individual objectives, financial situation or needs. The information provided is not intended to be a substitute for professional financial product advice and you should determine its appropriateness having regard to your particular circumstances. The relevant disclosure document should be obtained from Netwealth and considered before deciding whether to acquire, dispose of, or to continue to hold, an investment in any Netwealth product. While all care has been taken in the preparation of this information (using sources believed to be reliable and accurate), no person, including Netwealth, or any other member of the Netwealth group of companies, accepts responsibility for any loss suffered by any person arising from reliance on this information.