This guide provides detailed instructions for setting up Separately Managed Accounts (SMAs) for BT Panorama, Macquarie Wrap, and Expand in Class.

For further details on SMA functionality within each platform, refer to:

• BT Panorama Separately Managed Accounts Functionality
• Macquarie Wrap Products Separately Managed Accounts Functionality

Prerequisite and limitations

• The SMA feature is enabled at the business level only and not at the individual fund level.
• Only Access Controllers can authorise SMA activation by emailing Class Support (support@class.com.au).
• Since activation is at the business level, all applicable funds must be set up to avoid duplicated investments.

Set up steps

1. Obtain Portfolio Valuation Reports:

This needs to be done for each fund that includes BT Panorama/Macquarie wrap/Expand SMA.

• Obtain the previous year's BT Portfolio Valuation Report.
• This report includes the Managed Account Codes required for SMA in Class

Note: BT Panorama is used as the example throughout this guide, but similar steps apply for Macquarie Wrap and Expand.

2. Identify SMA Linked Accounts

To identify BT Panorama, Macquarie Wrap, or Expand accounts that have SMAs:

• Go to Business Level > Feeds > Feeds Console
• In the Product search box, enter: BT Panorama
• Accounts with three or more “Unbalanced” statuses typically indicate SMAs.

3. Mark Relevant Accounts as “Manually Imported”

For each account with an SMA:

• Go to Fund Level > Feeds > Feeds Console
• Click into the relevant feed
• Change the feed status to "Manually Imported" and click Save

4. Enter Managed Account Codes

From the BT Panorama Valuation Report:

• Locate the Managed Portfolio section
• Enter each Managed Account Code into Class (Feeds Console) under the corresponding investment in the Managed Account Code field

Ensure:

• No leading/trailing spaces are included
• All investments under each SMA are mapped correctly to avoid duplicate investments

Note: If a cash account under an SMA is not set up in Class, it will be created automatically once the feature is activated.

5. Notify Class Support

Once all SMA accounts in your business have been configured, please notify us via the same support ticket.

It typically takes 5–10 business days for the internal team to enable the SMA feature switch.

6. Update the feed status to Automated Feeds

After the feature switch is enabled:

• You’ll be notified via the same support ticket
• Go to Business level > Feeds Console > for each SMA-linked account
• Change the feed status from "Manually Imported" back to "Use Automated Feed”