Investment vehicle of choice

MANAGED 

ACCOUNTS

Designed for Transparancy

A separately managed account (SMA) is a portfolio of securities directly owned by the investor and managed according to a specific discipline and/or style by Bóveda Asset Management based on the investor's  individual risk/reward profile.

 

The key difference between a mutual fund and a separately managed account, or managed account,  is what an investor actually owns. A mutual fund shareholder owns shares in a pool of securities owned jointly by all shareholders of the fund. Each share of the fund represents a small interest in each and every security the fund owns. In contrast, a managed account client owns individual securities — stocks, bonds or any other securities in which the account may invest. These are not commingled with securities owned by other individuals who may invest in similar separately managed accounts.

 

SMAs are the investment vehicle of choice among high net worth individuals seeking sophisticated investment solutions and direct ownership of securities in their accounts.

 

To learn more about separate managed accounts or to open your account contact us today.