Investors can hold one diversified portfolio and multiple single asset class portfolios in a Professionally Managed Account (PMA). If you wish to hold multiple diversified portfolios then you will require multiple accounts.

This allows you to invest in line with your time horizon and risk profile while and/or diversify your investments across different models under a single capped management fee when the models are part of the capped fee range.

The minimum investment required for each portfolio will vary, so you should check the specific requirements for each one you are interested in.

When holding multiple portfolios within a single PMA, you can choose to diversify your investments by selecting a mix of different portfolio types. For example, you may choose to hold one diversified portfolio, which invests in a mix of different asset classes such as stocks, bonds, and cash, as well as one or more single asset class portfolio, which focus on a specific asset class such as international equities.

To hold these portfolios within a single PMA, you will need to meet the minimum investment balance required for each one. This means that if the minimum investment balance for the InvestSMART Balanced Portfolio is $10,000 and the minimum investment balance for the InvestSMART International Portfolio is also $10,000, your total minimum investment balance for holding both of these portfolios would be $20,000.