Asset classes represent different segments of the economy and the financial markets. For example, the taxable bond asset class is comprised of debt securities such as U.S. Government bonds and Corporate bonds, whereas the international equity asset class includes stocks of publicly traded companies that are not based in the United States.
Similar to mutual funds, which are frequently offered in different share classes, Core accounts have objectives, management, and underlying investments that are identical across all classes. The primary difference is in the costs to you. Unlike mutual funds, which have different expense ratios and other fees that are unrelated to the direct management of the fund, such as 12b-1 fees, Galleon Core accounts have 0.0% expense ratios and no such fees. This simple fee structure was developed by Global Advisers with investors in mind.
All portfolios are equal-weighted(unless otherwise stated). For the purpose of demonstration, all portfolios assume a starting balance of $10,000 U.S. Many Coire accounts have a minimum investment of $1,000 U.S. Portfolios with a launch date of fewer than 5 years are backtested. Trailing return and volatility are calculated as of the last full calendar [...]
Galleon Core accounts are for investors who seek a low-fee option to invest in the stock, bond, and commodity markets, and do not seek additional services such as financial or estate planning, wealth management services, managed philanthropy, or retirement planning. Investors in need of these types of services should contact us to talk about [...]
Keeping your costs under control – greater cost savings can help you build more wealth over time. Making investing more affordable for everyone- Galleon Core accounts combine 0.0% expense ratios with low management fees and 0.0% 12b-1 or other hidden fees. Expense ratios that are, on average, 100% lower than mutual funds or ETFs with comparable [...]
The best way to compare Core accounts to mutual funds or ETFs is to think of Core as a selection of low-fee, tax-efficient, diversified sub-accounts that, when grouped together, have the potential to create an entire investment portfolio, but without the added expense fees, additional 12b-1 fees, or other related fees.1 Most importantly, Core [...]
Yes. The instruments in which you will invest are marketable securities, which almost always fluctuate in value. Even if you have invested in U.S. government bonds, the market value of the underlying bonds changes in response to various external factors, such as changes in interest rates. Stocks and ETFs also change in value, as do [...]