A managed portfolio (also known as a managed account) is simply a collection of assets managed on your behalf by a professional portfolio manager, which can be held as part of superannuation, or as an investment. Managed portfolios offer a range of benefits and efficiencies which cannot be achieved by traditional managed funds. Every managed portfolio is different. Your adviser can select a managed portfolio to suit your specific needs, goals and risk preferences. These portfolios are professionally managed in-line with predetermined investment strategies.