Disclosures
* Source: Cerulli U.S. Managed Account Report 2022. Ranking based on firms reporting 2021 estimated AUM for discretionary model portfolios with an asset-based fee. Cerulli received a fee for use of ranking data.
Investing involves risk including the risk of loss of principal. There is no guarantee that investment objectives will be achieved or that return expectations will be met.
Past performance does not guarantee future results.
Composite returns reflect the reinvestment of dividends, income, and capital gains and are calculated and stated in US dollars. Periods over one year are annualized. "Pure gross" of fees performance does not include trading costs, management fees, or other expenses that would be incurred by a participant portfolio but does reflect the deduction of expenses for any underlying mutual fund and ETF investments. "Net" of fees performance also reflects deduction of the maximum annual wrap fee of 3%. Investors should contact their financial advisor or program sponsor for fees applicable to their account.
Average underlying expenses are a weighted average of the net expense ratio of each fund, ETF or SMA strategy held in the model portfolio as of the date shown. Because some portfolios reallocate in response to changing market conditions, these expenses may change frequently. Actual expenses will vary based on the underlying investments used, the percentage of the portfolio allocated to each investment, and the net expense ratio of each investment, including any waivers or reimbursements in place. Please see the strategy fact sheet for additional expense information Investors should contact their financial advisor or program sponsor for additional fees applicable to their account.
Trailing 12-Month Yield is based on a representative account and is calculated by dividing dividend and income distributions received from underlying investments in the past 12 months by the account’s ending market value including capital gains. Cash flows into and out of the account are excluded. Future yields may be higher or lower and will be impacted by changes to portfolio holdings and allocation as well as market conditions.
Advisory services provided by Columbia Management Capital Advisers, an operating division of Columbia Management Investment Advisers, LLC (“CMIA”) that offers investment management and related services to clients participating in various types of wrap programs.
These managed account solutions are only available through investment professionals. Not all strategies may be available on all platforms, and fees and terms may vary. Managed account programs may not be appropriate for all investors.
This information is not intended to provide investment advice and does not take into consideration individual investor circumstances. Investment decisions should always be made based on an investor's specific financial needs, objectives, goals, time horizon and risk tolerance.
These managed account programs are only available through investment professionals. Not all strategies may be available on all platforms, and fees and terms may vary. Managed account programs may not be appropriate for all investors.
This material is provided to program sponsors and third-party intermediaries for informational purposes only. To the extent any such recipient chooses to further disseminate this material to program participants, CMIA and its affiliates assume no responsibility for compliance with any laws and rules associated with such further dissemination. Furthermore, receipt of this material by a program participant does not establish a relationship between any such program participant and CMIA or any of its affiliates.
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