“According to the Investment Company Institute, there is approximately 40 trillion globally in mutual fund products.”
Mark Renz is a financial adviser and a sales representative for over two decades and has utilized his expertise in serving as an investment adviser for high-net-worth families since 2001. He is currently the Chief Investment Officer for an independent multi-family office, Socius, which provides honest guidance and shrewd management to preserve, protect, and build their clients’ estate.
This episode explains the basics and fundamentals of mutual funds. Mark defines what a mutual fund is and other mutual funds that we might not be aware of. He teaches some strategies on how to beat the market, how to manage funds, and how to achieve greater returns. Listen in and learn more about this investment platform.
Listen to ILAB 83 on iTunes here or subscribe on your favorite podcast app.
ILAB 83 Show Notes
Website – Socius.com/team/mark-renz
ArtofFX – start with just a $10,000 account (reduced from $25,000)
Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)
PeerStreet – get a 1% yield bump on your first loan
Wealthfront – get your first $15,000 managed free
Betterment – get up to 1 year managed free
05:14 – Mark’s background in finance
07:37 – What is a family office?
10:21 – What are Mutual Funds?
11:46 – Types of Mutual Funds
13:57 – How large is the mutual fund market?
15:06 – Importance of fees in selecting a mutual fund
20:49 – Active management funds
26:15 – Dimensional Funds: Who & What they are?
31:36 – Who can invest in dimensional funds?
33:37 – Biggest mutual fund companies
41:52 – Returns/Dividends strategy
48:56 – Fee Structure and Transparency
55:47 – Tools that can be used for transparency
59:36 – Mark’s personal investment portfolio
63:10 – Recommendations in buying stocks
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