Investing for Beginners

  1. Home
  2. Business & Finance
  3. Investing for Beginners
photo of Joshua Kennon

Joshua's Beginner's Investing Blog

By Joshua Kennon, About.com Guide to Beginner's Investing since 2001

Separately Managed Accounts - or SMAs - Can Offer Wealthy Investors Important Benefits

Friday July 4, 2008
In the investment world, separately managed accounts are exactly what the name implies - they are accounts that are managed separately for each investor, as opposed to mutual funds, which are managed for hundreds or thousands of investors as a group.

The key difference: separately managed accounts are, in essence, individually owned portfolios run by a professional manager for the benefit of the individual, in exchange for fees paid by that individual. To find out about common minimum investments, the specifics of tax benefits versus a mutual fund, and some of the drawbacks, continue on to Separately Managed Accounts Offer Flexibility - at a Price.

Comments

No comments yet. Leave a Comment

Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>

Discuss

Community Forum

Explore Investing for Beginners

About.com Special Features

Building Your Small Business

Get the best tips on starting up and staying competitive. More >

Best Moves in a Bad Economy

Stay on top in this tough economy with our smart, easy-to-follow financial tips. More >

Investing for Beginners

  1. Home
  2. Business & Finance
  3. Investing for Beginners

©2009 About.com, a part of The New York Times Company.

All rights reserved.