Parametric’s Centralized Portfolio Management (CPM) strategy strives to provide the pre-tax return of multiple asset managers or styles combined within a single coordinated portfolio. By combining the inputs from various strategies into a centralized single account, CPM allows for individual tax, risk, and customization decisions for each client account.
Features of CPM accounts include:
- Fully customizable through account-level restrictions, and tax considerations
- Disciplined rebalancing
- Ongoing tax-loss harvesting
- Deferral of short-term gains
- Wash sale avoidance
- Tax-efficient withdrawals, security deposits, manager, and allocation changes