Portfolio Management

With more than 9000 mutual funds and ETFs available today, it can be a daunting task to make the right choices. That’s why our investment team does extensive research on all of the funds and ETFs used in the portfolios. Not only do we look at performance, but also at the tenure of the managers and how well they adhere to their investment style and strategy.

Re-balancing the Portfolio

As the financial markets change, so can the value of the asset classes in your portfolio. Part of the investment management process is to rebalance the portfolio on a semi-annual basis. This ensures that the portfolio does not stray from its original allocation. In addition, should the mix of the assets change significantly, your portfolio will re-balance back to the original percentages.

​For example, you start with a Balanced Portfolio or an asset allocation of 50% Stocks and 50% Fixed Income. If the value of your stock funds increases to 65% of the portfolio, the MackHouse team will sell those funds to realign the portfolio back to the original 50%/50% allocation. Not only does this capture the gains created in the portfolio but also brings the portfolio back to your level of risk tolerance.

Safekeeping of Assets/Custodian and Reporting

We currently work with Charles Schwab & Co. to provide custodian services for our clients’ assets. While MackHouse Capital performs the investment management function on your portfolio, we do not hold any of your assets. This function is performed by Schwab & Co., a $6.6 trillion asset financial services company.

Schwab is responsible for the settlement, safekeeping, and reporting of our customers’ marketable securities and cash.

As part of the reporting process, you will receive from Schwab, on a monthly basis, statements which will detail any transaction during the month. In addition, you will receive year-end tax reporting information as well as having access to view your account online.

We at MackHouse will meet with you on a yearly basis to review your accounts, it’s performance and if you needs/objectives have changed.