Experience
Closed-End Fund Advisors ("CEFA") has 45 combined years of industry experience, and we are active in the Closed-End Fund Association, The CFA Institute and the Richmond Association for Business Economics. We have 27 years of closed-end fund board experience and our senior portfolio manager, George Scott, is the co-author of the only hardback book on the industry. CEFA publishes a
leading industry periodical and provides a
weekly closed-end fund data service.
Resources
Having access to financial research, data and professional contacts, CEFA is on the leading edge of industry developments.
The Scott Letter: Closed-End Fund Report publishes our primary research, including portfolio manager interviews and stays in touch with the fundamental changes in the global closed-end fund industry.
CEFA's Closed-End Fund Universe report offers a comprehensive weekly data report covering the complete list of 660+ available closed-end funds with 22 data points tracked on 77 unique subgroups.
Accountability
As discretionary, fee-based investment managers, CEFA tracks client performance for its portfolio models as well as comparable indices to measure our absolute and relative performance.
Credibility
CEFA has many happy clients, some of whom have their testimonials published on this web site. In addition, pricnipals of CEFA are regularly contacted by the financial press for input and commentary on global investments and closed-end fund issues. Finally, we have access to the majority of closed-end fund portfolio management teams in order to stay in touch with changes in their investment outlook.
Portfolio Monitoring
All portfolios are rebalanced regularly and are monitored almost daily in order to ensure that asset allocations stay within set percentages and that each position is the best choice for the underlying investment objective on relative and historical bases. We are active managers making changes to our portfolio models weekly as needed.
Individual Attention
With the benefits of separately managed accounts, CEFA can work on behalf of both individual and institutional investors (with account variances up to 5%) of a portfolio model, as well as monitor tax-sensitivity.
Vested Interest
We are passionate about our work, offering clients the same investment strategies that we use in our own portfolios. Client interests are ALWAYS favored over our own.
As an investor with our firm, there are no front-end or back-end fees. The first quarter's fee is always prorated for only the time we actively work on a portfolio. All of our custodians allow on-line access to clients in order that they may view their portfolios as frequently as they desire. CEFA is one of the few investment firms that publishes their model portfolio performances monthly.
CEFA is a specialized investment firm with the experiene, resources and credibility to handle your investment portfolio. We currently offer five portfolio models for growth and income:
Interested?
Contact us today for more information and our brochure!
Direct: 804-288-2482
Toll-free: 1-800-356-3508 (U.S. and Canada)
E-mail:
sales@CEFadvisors.com
For more detailed information, download our ADV Part II.
"I've invested in closed end funds for 12 years. They were great during the salad years of the last bull market. I chased high dividends, so I was taking risks by buying junk. I got away with it in that market. In 2002, the stock market took a turn away from my jolly trading practices and forced me to look for somebody who is an expert in CEFs, somebody who could put me into value, instead of junk."
Since George Scott wrote the book on CEFs, I asked him to take over my portfolio...about 4 years ago. He's done a very responsible job for me and has built my portfolio consistently. I haven't had to check to see how my portfolio is doing compared with the Dow. I'm sure we are well ahead of that yardstick."
I plan to be a client of CEFA's for a long time."
— John Brinckerhoff, Florida
George,
"I wish to thank you for your outstanding performance during my first year. Even after the giant May 2006 correction, my portfolio stands with a substantial gain. We both knew that the extraordinary gain prior to May wouldn't hold, given the enormous run-up. I'm especially pleased at the hands-on approach you seem to take. I have two other money-managers, and they've been content to buy and hold for the past year, not tweaking by substituting slow movers for better ideas. I'm glad you stay in touch and look forward to our bi-monthly conversations. It seems that you've been a lot more open with your thoughts and ideas than the others. Keep up the good work. I'll be watching your progress daily."
— Lorin Wels, New York
"I chose Closed-End Fund Advisors because of my relationship with John Cole Scott. Not only has he provided me with sound investment direction, but his networking skills have helped link me and my business with other businesses in the area. In reality, he has been more of a business resource than simply a financial planner or a provider of investment counsel. Our relationship is a mutually beneficial one in which both parties are able to leverage their knowledge, skills and relationships for the betterment of the other.
I also appreciate Closed End Fund Advisors personal touch. I enjoy meeting with George Scott and discussing the progress of my investments. They use investment tools that are not available to the average investor, often suggesting options I would never hear about with someone else. All while managing my specific risk needs. And it's working! I have been very pleased with the return on my investments with Closed End Fund Advisors."
— John Lindner, Virginia
