Tax Management Generates 1.93%/ Year in Tax Savings in Sector Rotation Strategy using Sector-Level Direct Indexes
Cambridge, MA — May 2, 2014 — Smartleaf researchers ran a 5-year backtest, from 2008 to 2013, of a 500-stock portfolio sector rotation strategy from an industry-leading vendor, with and without tax management. The tax-managed account reduced taxes by more than 1.93% / year for the investor with 35% short-term and 15% long-term capital gains rates, which is representative of the combined federal and state marginal tax rates for married couples with more than $75,000/year in income.
For details, please see our tax management page or contact us for more information.
About Smartleaf
Smartleaf helps wealth management institutions grow by streamlining the way they manage customized investment accounts. We offer an overlay portfolio management solution currently used to oversee more than $50 Billion in assets.
At the firm level, Smartleaf is a tool for rapidly distributing and implementing investment ideas. At the account level, it automates customized rebalancing to free portfolio managers from manual tasks. Unlike other portfolio management solutions, Smartleaf provides proactive trade recommendations for every account, along with daily metrics to help managers identify opportunities to add value.
Banks using Smartleaf have lowered the dispersion of their investment accounts by 60%, reduced client tax burden by more than 75% and implemented their investment ideas up to 10 times faster.
Media Contact
Gerard Michael
President
Smartleaf, Inc.
g.michael@smartleaf.com
P: 617-491-5445