As of August 31, 2014, 61 local council affiliated partners now use BSA Asset Management, LLC (BSAAM) as an investment manager. In the three months ending on August 31, the fund earned 2.21 percent while the one-year return was 14.93 percent (net of fees). How does that compare to your council’s investment returns?
While past performance is no indicator of future returns, the fund also has a very low cost basis, which allows these councils to save significant dollars in management and trust fees.
If your council is interested in learning more about BSAAM, or if you would like to compare your endowment returns with BSAAM’s, please contact the BSAAM team at email@example.com for a full set of offering documents and/or the endowment return comparison tool. There is no obligation.
Please Note: Only BSA local councils or affiliates are eligible to invest in the BSA Commingled Endowment Fund, LP. This article does not constitute an offer to sell securities, which shall only be done by means of the offering documents. Past performance is not a guarantee of future results.
*Assumes annualized rate of return of 8 percent over five years, paying 1.6 percent in total annual fees compared to BSA Commingled Endowment Fund, LP’s total annual fees of 0.6 percent. This is an example for demonstration purposes and “fees” includes investment management, recordkeeping, custody, legal, accounting, administration and fund level fees.