Research & Insights
Creating Investment Excellence: Building a More Tax-Efficient Portfolio - The Gerstein Fisher Tax-Managed Equity Strategy
Abstract:
At Gerstein Fisher, we recognize that taxes can be one of the largest drags on investors' bottom-line results. Yet taxes remain largely overlooked in the field of investment management. Gerstein Fisher's Tax-Managed Equity strategy uses a quantitative approach to provide investors with core asset class exposure with tilts to specific risk factors, while adding an active tax management overlay. The strategy offers investors the potential for significant post-tax alpha.
When selecting investments with which to implement their strategic asset allocations, many investors rely on low-cost, passively managed index funds. Though more tax efficient than many active strategies, index funds are still not immune to the negative impact of taxes on investors' bottom-line results.