- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Stock Sleeve meaninig
Posted on 8/22/23 at 12:47 pm
Posted on 8/22/23 at 12:47 pm
Reallocating my ira’s with my advisor. Settled on a west end fund (60/40) and she asks if I want to add an individual stock sleeve to that mix or keep as is. What does that mean? TIA
4
Posted on 8/22/23 at 6:06 pm to FlowMaster
quote:
she asks if I want to add an individual stock sleeve to that mix or keep as is.
She is asking if you want to reduce the amount of the equity fund/ETF you are investing in order to buy some individual stocks to pair with the equity fund/ETF. No offense, but asking this question likely means you should stick with funds/ETFs only.
Posted on 8/22/23 at 7:09 pm to FlowMaster
Let’s say you have 30% allocation to large cap core equity. 10% could be a position in IVV and 20% could be a “sleeve” which holds individual stocks. That sleeve would more than likely be a SMA managed by a third party (unless your advisor has their own proprietary strategy). That managed sleeve will usually come with a fee but it is actively managed and you actually own the shares of stock.
This post was edited on 8/22/23 at 7:12 pm
Posted on 8/22/23 at 7:09 pm to FlowMaster
Why didn’t you ask her?
I’m not being a smart arse - I’m genuinely curious.
ETA- that WestEnd strategy has likely underperformed its benchmark by nearly 2% per year for the last decade (net of fees). You may want to consider another advisor.
I’m not being a smart arse - I’m genuinely curious.
ETA- that WestEnd strategy has likely underperformed its benchmark by nearly 2% per year for the last decade (net of fees). You may want to consider another advisor.
This post was edited on 8/22/23 at 7:16 pm
Posted on 8/23/23 at 7:13 am to FlowMaster
Should have borrowed the line from the movie Margin Call and ask her to speak to you as if you were a young child or Golden Retriever.
Posted on 8/23/23 at 8:04 am to leeman101
quote:
Should have borrowed the line from the movie Margin Call and ask her to speak to you as if you were a young child or Golden Retriever.
Classic line from one of my favorite movies.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News