Save Money With Lower Portfolio Fees
A new team means a more streamlined approach to your diversified portfolio
At the Saint Paul & Minnesota Foundation, we are excited to announce some changes that will continue to provide our fundholders with quality products and introduce lower fees.
During our annual review of the Diversified Equity Portfolio, our team, led by new Chief Investment Officer Shannon O’Leary, identified several opportunities to streamline the investment approach while maintaining the target asset allocation.
We think you will be pleased to find that, while the portfolio looks appreciably the same, our adjustments resulted in a 50 percent reduction in the estimated investment expense for that portfolio. These changes reflect a reassessment of our available investment options, consolidation to our best-in-class managers, and a shift to less expensive investment strategies, where appropriate.
Now is a great time to review your investment options. To learn more, contact your philanthropic advisor today.
Compare the process, benefits and responsibilities of two popular giving vehicles.Compare the two
Here are six tips to consider as you think about how your charitable giving could impact your tax returns.Learn More