Direct Indexing: While it's true that Direct Indexing (DI) typically runs higher than many passively managed ETFs—the value derived from DI can justify the cost, especially when you consider the broader advantages
Direct Indexing can work for portfolios under 1mm, as well as those over 5mm
Global Macro Asset Management's (GMAM) Compact Index Series was launched and became available via Bloomberg tickers on Wednesday, 5/1/24. This significant milestone marks the introduction of our indexes to over 350,000 Bloomberg terminals worldwide! This development is pivotal for us at GMAM and offers tremendous opportunities for Advisors and their clients. The factsheets for each index are attached. Developed in concert with Bloomberg, The Compact Index Series underpins GMAM's Direct Investment strategies - Compact DITM, allowing investors to invest directly in the stocks of some of the world's most esteemed and substantial companies without needing ETFs or mutual funds. Key features include: Each index comprises no more than 22 stocks, making them easily manageable. An individual security structure that enhances tax loss harvesting opportunities and allows for greater personalization compared to traditional investment vehicles. Composition across 11 sectors, with all securities equally weighted, ensures greater diversification than cap-weighted indices (often referred to as "The Magnificent 7" problem of the S&P 500).