The five models operate under a management investment scheme structure and are actively managed by Zenith on behalf of clients to ensure the funds held in the portfolios and their weightings remain optimal over time.
Each model portfolio contains eight to 15 of Zenith's highest rated managed funds, with five risk profiles on offer: conservative, moderate, balanced, growth and high growth.
"In addition, the underlying Linear Managed Account platform is a cutting edge, fully-functioning administration platform that provides detailed portfolio valuations, portfolio performance and tax reporting for the client, with a pricing structure that is significantly lower than the major wraps," Zenith associate director Glen Franklin said.