Douglas Wolfe

Douglas Wolfe
Contributor since: 2010
Company: Saddle River Capital Management
Rob
All of the accounts we manage are in the form of Separately Managed Accounts. The K-1's are sent directly to the customer. Hopefully I am answering the question you are asking. I have personally been invested in DBA in the past and have recieved a K-1 but it didn't amount to anything to worry about tax wise. Maybe I just wasn't holding to many shares. For me personally I am more worried about the total performance of a fund. if I am not getting that then I will sell and invest in something that is performing. Hence, any tax implications will hopefully be the product of solid gains in the investment or atleast make the tax implications something I wouldn't mind realizing.