Pulling it all together
A great investment service requires far more than just good individual pieces. Just like a great meal, it requires excellent ingredients, a recipe that balances each ingredient carefully, skillful preparation, and expert presentation. The following is Areté's recipe:
Intensity
By performance intensity, we refer primarily to active share. Active share is essentially the difference in portfolio holdings from a benchmark. In order to outperform over time, it is necessary to be different. Sadly, many mutual funds charge fees consistent with highly active management, but have funds that very closely resemble their benchmarks.
Security
Each client of Areté has his or her own separate account - that they own, that is held in their name, and that they can monitor at any time. This degree of protection used to be affordable only for very large institutions and very high net worth individuals, but technology has made it much more accessible.
Costs
The average expense ratio for actively managed equity mutual funds ranges from a little over 1% of assets to about 1.5%. Areté's fees start at 1% and go down for larger accounts. Further, since Areté takes a long-term, investment-oriented view to managing portfolios, it's turnover is much lower than the average for most actively managed equity mutual funds.
Access
As an active money manager constantly analyzing stocks, talking to management teams, and studying the broad investment landscape, we derive insights that can be useful to investors. Because we are small and independent, you can always feel free reach out and use us as a resource if you have questions.
Intensity
By performance intensity, we refer primarily to active share. Active share is essentially the difference in portfolio holdings from a benchmark. In order to outperform over time, it is necessary to be different. Sadly, many mutual funds charge fees consistent with highly active management, but have funds that very closely resemble their benchmarks.
Security
Each client of Areté has his or her own separate account - that they own, that is held in their name, and that they can monitor at any time. This degree of protection used to be affordable only for very large institutions and very high net worth individuals, but technology has made it much more accessible.
Costs
The average expense ratio for actively managed equity mutual funds ranges from a little over 1% of assets to about 1.5%. Areté's fees start at 1% and go down for larger accounts. Further, since Areté takes a long-term, investment-oriented view to managing portfolios, it's turnover is much lower than the average for most actively managed equity mutual funds.
Access
As an active money manager constantly analyzing stocks, talking to management teams, and studying the broad investment landscape, we derive insights that can be useful to investors. Because we are small and independent, you can always feel free reach out and use us as a resource if you have questions.
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