The Vincose Capital Management, LLC SMA is offered within the registered managed investment vehicle known as the Separately Managed Account (SMA). Each investor will have a separate “Account” to which their investments are allocated. Each SMA account will be managed by a central execution of all trading by the portfolio manager at Vincose Capital Management, LLC. All buys and sells of equites/ETFs will be propagated to each account, using the same strategy, based on the percentage set forth for each trade relative to the overall portfolio.
This SMA does not charge any fees for assets under management (AUM). Rather, an annual performance-based fee will be collected from an account only if that account exceeds a 5% performance gain for that calendar year. By utilizing a performance-based fee approach, clients only pay the firm when the firm performs at an acceptable level.
Unlike other investment options that often send outdated information on performance, positions, cash balances, taxes to each investor; this SMA allows real-time access by each investor to their performance, positions, cash balances, capital gains/losses, dividends, interest income and overall tax implications. Additionally, investors can withdraw their cash positions at any time along with closing their account with a two-week notice. At year-end, investors will have complete access to the amounts they provide on their tax returns along with the ability to auto populate this information into their tax returns.
In summary, each investor will have access to everything in their account the same way they would have access to if they opened an account with a broker today. The main difference here is having a professional money manager executing on a strategy that has been refined over many years and is compensated only when the performance is at an acceptable level.