Additional Benefits
1. Tax Efficiency
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Investors own individual securities, allowing for tax-loss harvesting to offset capital gains.
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SMAs provide greater control over when gains and losses are realized, reducing tax liability.
2. Transparency
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Investors have full visibility into their holdings, unlike mutual funds where underlying investments can change without direct control.
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There’s no “hidden” turnover or surprise capital gains distributions.
3. Direct Ownership of Securities
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Unlike mutual funds, where you own shares of the fund, SMAs provide direct ownership of individual stocks or bonds.
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This allows for greater flexibility in portfolio adjustments and tax planning.
Ready to experience the benefits of a customized investment approach?
Our team at Leader Capital is prepared to design a Separately Managed Account strategy tailored to your financial goals and values.