Mutual Funds and Managed Portfolios may have similar financial objectives for an investor, but are really very different. Managed Portfolios are known as “SMA”s or “Separately Managed Accounts”.

With a Managed Account or SMA, it is disclosed to the investor what you own, letting you know in real time, each of the securities in your account, versus investing in a mutual fund, where you own units or shares without
owning the securities outright, and being a little behind in knowing what the fund actually owns. This causes problems with portfolio overlap, and other conflicts with an investors objectives.

But there is much more to discover and think about. Click here to read more.

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