Investment Management Accounts
Money management in today’s world goes far beyond saving loose change in the piggy bank. Covenant Trust Company® provides professional asset management through Investment Management Accounts. During the recent economic downturn, many individual investors made decisions based on reacting to current circumstances rather than a long-term strategy. The overall market lost a significant percentage of its value during the worst part of the crisis. The disciplined strategy of Covenant Trust Company—which relies on maintaining appropriate portfolio allocation over the long-term—mitigated the effects of the various economic crises, with managed portfolios showing an average decline of less than the general market.
Who may be interested in this service?
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Individuals who want professional asset management for funds under their control. This includes those who serve as trustee for personal or family trusts.
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Ministry leaders with responsibility for monies received from bequests or other reserve funds.
Trying to “do it yourself” may raise concerns in several areas:
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Unintended adverse consequences due to inexperience in investment management or decision-making based on emotion
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Loss of purchasing power of the assets during inflationary periods because of highly conservative investment policies
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Loss of the principal of the assets due to inappropriate asset allocation decisions and/or inappropriate investment selections
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Inadequate bookkeeping and/or control of funds.
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If an Investment Management Account sounds attractive to you, contact your local Financial Services Representative to learn more [view Directory] or read our brochure on Investment Management Accounts.
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