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1207 S. Austin Brenham, TX 77833 1-800-830-7085 |
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As your investment manager, we implement your investment objectives in a portfolio customized to meet your investment needs and goals.
Portfolio structure may include actively traded common stocks, government and corporate bonds, municipal bonds and to a limited degree, a select group of no load mutual funds and exchange traded funds (ETFs).
Are CIMI's managed portfolios like mutual funds?
Yes and no. Mutual funds pool or combine clients' assets into a shared "basket" of stocks and /or bonds. The cost to invest in a mutual fund is the Net Asset Value (NAV) which is the value of the various holdings in the fund, calculated at the end of each trading day. Investors "buying in" or "cashing out" of the mutual fund pay or receive the market NAV, less fees in many circumstances.
CIMI proprietary portfolios are individual private accounts and assets are not pooled. Each client has an individual investment account which holds the stocks and/or bonds in percentages based on the CIMI portfolio of their choice. The client's assets are allocated across each portfolio's investments reflecting the pre-determined mix of each CIMI portfolio.
When CIMI clients receive reports reflecting CIMI portfolio investments, they see their ownership in the specific stocks and/or bonds which make up each CIMI portfolio. The value of their portfolio is, basically, the sum of the number of shares of each investment multiplied by its market value
The benefits of a privately managed account:
- Provides complete portfolio customization taking into account the existing securities that may be owned and/or excluding certain companies that may be objectionable.
- Tax efficiency – the cost basis of a privately owned account is controlled by the investor which permits the investment manager to pursue a range of tax strategies.
- Transparency – privately managed accounts provides transparency, including knowledge of every security held in the portfolio. This promotes greater understanding of the ongoing investment process.
