What are the advantages of using a money manager over a mutual fund?
An individually managed account with a money manager such as Capital Ideas is often superior to a mutual fund for several reasons. For instance: There Is No Forced Redemption of Your Holdings During market declines, many mutual funds are forced to raise cash for customers wishing to redeem their shares. Being forced to sell when the general market is down, a fund is most likely taking losses. In addition, the lack of cash within a fund as a result of these redemptions prevents mutual fund managers from purchasing quality investments at lower prices. A Capital Ideas managed portfolio is yours and yours alone. You are unaffected by other investor’s bad timing decisions. Many times, instead of selling, Capital Ideas can increase your market share by purchasing quality investments when prices are less expensive. Your Account Can Be Tax Managed When you buy shares of a mutual fund, you also purchase any existing tax liability in that fund. For example, if you decided to buy shares of a mutu
