We research and select ”best-of-breed” active money managers, seeking to access skilled stock selection from our decades of rigorous manager research.
Centralized trading and implementation
We aggregate multiple managers and centralize implementation in a single fund to better coordinate trading activities, and create greater efficiencies.
Tax loss harvesting
With a trading desk staffed 24 hours a day by traders averaging more than 15 years of experience across the investment spectrum, we are systematically looking for loss positions in order to offset a taxable gain.
Minimize wash sales
The benefits of tax-loss harvesting can be negated when sold securities are repurchased within 30 days. It's important to be mindful of this Wash Sale Rule. Our total portfolio approach can help minimize wash sales.
A common challenge for after-tax-focused mutual funds and separate accounts is portfolio lock-up—where a continuous process of loss harvesting eventually results in no more losses to harvest. We carefully evaluate the tax lots and engage in thoughtful, tax-smart turnover designed to avoid lock-up.
Manage holding period
Tax rate on capital gains can differ depending on holding period. We understand this and make it integral in how we manage the assets.
Manage fund's yield
Managing yield isn’t about eliminating yield. It’s about understanding the tax rules and maximizing the amount you get to keep.