Discretionary accounts are designed for private investors who wish to entrust Meeschaert with full discretion for managing their assets through the use of a number of investment products and services.
We offer a broad spectrum of investment mandates that can be tailored to individual needs and objectives, including the following investment styles :
- multi-management : balanced portoflios and bonds,
- custom management : equities, balanced or bonds,
- fixed asset allocation.
It remains the clients decision to select his or her investment management style as well as asset allocation, in accordance with their own investment horizon, financial objectives and risk return appetite.
Performance-based management fees
Multi-management accounts, most of which require a minimum investment of 50,000 euros, invest exclusively in mutual funds and charge a 5% management fee on capital gains.
For custom accounts, which require a minimum investment of 100,000 euros, the client may select between a fixed management fee, a performance-based fee or a combination of both.
All previous capital losses are systematically deducted before performance-based management fees are calculated. This fee option is also available for portfolios invested in a life-insurance policy.
Transparent management
To make sure that our discretionary account clients are well informed, we send them detailed information on their portfolios every six months. They may also contact their financial advisor at any time for an explanation of investment decisions or their opinions on future market trends, or simply to talk about securities and financial markets.
Contact a financial advisor
Thursday, september 9, 2010
