Charitable Equity Opportunities Account (CEO)

Account minimum to open: $25,000

Account Summary

The Charitable Equity Opportunities Account (CEO) seeks better-than-average returns as compared to its benchmark. It is equally committed to providing ongoing charitable contributions to the account owner(s) preferred charity through donations made by the firm. The account spans different industries, sectors, and geographic opportunities, typically of large capitalization company stock and underlying investment-grade corporate bonds.

As the account does not operate as an index fund, but rather, an investment strategy based on the philanthropic activities of its core equity holdings, it should not be viewed as an indexed fund. Nevertheless, it is loosely benchmarked to the S&P 500 Index for comparative purposes only. The account maintains a buy-and-hold strategy, and seeks long-term capital appreciate through growth, and cash-flow through dividends and interest payments. The account does not support margin or options-trading capabilities.

Fund facts (CEO)

Asset ClassUS Domestic
CategoryLarge Blend
Expense Ratio0.0%
Minimum investment$25,000 US
Account number010
Account advisorGalleon Wealth Management
3-year, time-weighted, annualized return15.51%
  • CEO Account
  • S&P 500
  • Bloomberg Barclays US Aggregate Bond Index

Sector

  • Communication (4%)
  • Consumer Defensive (15%)
  • Energy (6%)
  • Financial Services (20%)
  • Healthcare (12%)
  • Technology (43%)

Industries

  • Banks — Global (8%)
  • Banks — Regional (4%)
  • Beverages — Softdrinks (4%)
  • Biotechnology(3%)
  • Capital Markets(7%)
  • Communication — Equipment(2%)
  • Confectioners(1%)
  • Discount Stores(7%)
  • Drug Manufacturer — Major(10%)
  • Grocery Stores(1%)
  • Internet Content(37%)
  • Oil & Gas — Integrated(6%)
  • Packaged Foods(2%)
  • Software Infrastructure(4%)
  • Telecommunications(3%)

Top 25 Holdings

CompanySymbol
AT&TT
Bank of AmericaBAC
Bristol-Myers SquibbBMY
ChevronCVX
Cisco SystemsCSCO
CitigroupC
Coca-ColaKO
Eli Lilly and CompanyLLY
ExxonMobilXOM
General MillsGIS
Gilead SciencesGILD
Goldman SachsGS
GoogleGOOG
JPMorgan ChaseJPM
KrogerKR
Merck & CompanyMRK
MicrosoftMSFT
Mondelez InternationalMDLZ
PepsiCoPEP
PfizerPFE
PNC Financial Services GroupPNC
TargetTGT
Verizon CommunicationsVZ
WalmartWMT
Wells FargoWFC

Account Minimums

Minimum to open: $25,000
Account AssetsAnnual Fee
$25,0002%
$50,0001.75%
$100,0001.5%
$1,000,0001.0%

Donation Summary

The firm donates money to your favorite charity(s) annually. The amount that we donate is based on the total asset value of the account at the end of the calendar year (December 31).
Account Value (US)Our Donation
$25,000$125
$50,000$250
$100,000$375
$500,000$1,250
$1,000,000$2,500
>$1,000,000$2,500 + 10% of fee

‡ Assumes equal dollar amounts of all securities held within the account between 01/01/2015 and 01/01/2018. Past performance does not indicate future performance or results.