Effective July 31, Litman Gregory Masters Funds will be operating under a new name: PartnerSelect Funds. This name change reflects our company’s commitment to bringing high-quality managers from around the world to shareholders and our expertise in delivering distinctive mutual funds. We believe the PartnerSelect name better illustrates the collaborative approach we take with skilled portfolio managers to offer innovative strategies to investors.
While the existing Litman Gregory Masters Funds will be renamed to reflect the updated family name, each funds’ sub-advisor lineup, ticker symbol, and CUSIP will not change. Litman Gregory’s role as advisor to the funds will also remain the same: It is responsible for manager due diligence and selection, day-to-day coordination with the managers, monitoring their individual performance and capabilities, and fund administration.
Our continued focus is on finding portfolio managers that we believe can deliver attractive results to clients. Please reach out to your Litman Gregory Advisor with any questions about these changes.
Commentary from Our CIO—Second Quarter 2021
Global stock markets continued to surge in the second quarter. In our assessment of the macroeconomic backdrop and outlook, we continue to expect a strong global economic recovery over at least the next 12 months. In this quarterly commentary, our Chief Investment Officer, Jeremy DeGroot, reviews the current reasoning for our portfolio positioning, outlook on inflation, and forward-looking scenario analysis on the broader economy and markets.
Research Update: Increased Return Expectations for U.S. Stocks
As the economy and financial markets continue their recovery from the pandemic’s impact, our recent analysis resulted in improved expected returns for U.S. stocks. In this post we summarize our analysis and why we think an increased allocation to U.S. equities could benefit the risk-adjusted return profile of our portfolios.
Advisor Q&A: Tax Planning and the American Families Plan with Senior Advisor Chris Wheaton
The American Families Plan was recently released by President Joe Biden and includes many of the provisions outlined during his campaign. We asked Litman Gregory Senior Advisor, Chris Wheaton, to answer some questions about key proposed tax law changes, and related tax planning ideas for our clients to consider in 2021 and beyond.