Minimize wash sales
Tax-smart portfolio turnover
Minimize gains realization
Fund yield management
Active money management
Centralized trading & implementation
Tax loss harvesting
Also known as tax-loss selling, tax loss harvesting is the process of selling investments that are losing money to create a tax loss, which can be used to offset the capital gains made elsewhere in the fund’s portfolio, that otherwise would be paid as a distribution.
Tax loss harvesting
Centralized trading & implementation
We aggregate multiple managers and centralize within a single tax-managed fund to better coordinate trading activities and create greater efficiencies.
Active money management
We research and select best-of-breed active money managers, accessing skilled stock selection through a rigorous vetting process.
Fund yield management
We seek to develop a full understanding of tax rules in order to maximize the amount of gains you keep through managing yields
Minimize gains realization
1) Limiting realized capital gains in a fund, through a long-term investment strategy and limiting portfolio turnover.
2) Using realized capital losses in a fund to offset capital gains. Losses can be harvested to offset a given year’s realized capital gain, and excess losses in a fund can be held for use in future years.
Tax-smart portfolio turnover
The more turnover there is in a fund, the more likely the fund will realize a gain that it will need to pay as a taxable distribution. Under a tax-managed approach, the fund may try to reduce portfolio turnover in order to postpone realizing those gains. The fund can also seek to identify upcoming offsetting trades and instead reallocate the security between sub-advisers to avoid the securities sale, which would eliminate a potential capital gain distribution, tax liability and help reduce trading costs.
Minimize superficial losses
We use a total portfolio approach that seeks to avoid the repurchase of an identical (or similar) stock security within 30 days.
Minimize superficial losses
Manage fund's yield
Equity securities that pay dividends generate income which may then be paid as a distribution. When there are two equity securities that are equally suitable for the portfolio, the fund may select equities that pay smaller or no dividends so that gains are generated mainly when the security is sold.
Manage fund's yield
The longer a capital gain remains “unrealized” in a fund, the longer it can continue to grow
and its returns compound. There are two parts to the strategy:
Fund yield management
Fund yield management
We seek to develop a full understanding of tax rules in order to maximize the amount of gains you keep through managing yields
The longer a capital gain remains “unrealized” in a fund, the longer it can continue to grow
and its returns compound. There are two parts to the strategy: 1) limiting realized capital gains in a fund, through a long-term investment strategy and limiting portfolio turnover. 2) Using realized capital losses in a fund to offset capital gains. Losses can be harvested to offset a given year’s realized capital gain, and excess losses in a fund can be held for use in future years.