Year-end strategies to lower your tax bill

Don’t miss the deadline for tax-smart investment decisions

George Young • November 4, 2021 • Villere Podcast

 

 

DISCLOSURES:

A mutual fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company and may be obtained by calling 866.209.1129 or clicking here. Read carefully before investing.

Mutual fund investing involves risk; loss of principal is possible. Investments in smaller and medium sized companies involve additional risks such as limited liquidity and greater volatility than large cap companies. The Balanced Fund will invest in debt securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower rated and nonrated securities present a great risk of loss to principal and interest than higher rated securities. The Equity Fund may invest in foreign securities. Foreign investments involve additional risks, including currency fluctuation, political and economic instability, lack of liquidity and differing legal and accounting standards. These risks are magnified in emerging markets. The Equity Fund’s ability to invest in initial public offerings (IPOs) involves a higher degree of risk than more seasoned companies.

The Villere Funds are distributed by Quasar Distributors, LLC.

Glossary of Terms contains definitions and additional information.

Opinions expressed are those of the author or Villere & Co., and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice. References to other funds is not a recommendation to buy or sell. Nothing contained in this podcast constitutes tax or legal advice. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation.

A donor-advised fund, or DAF, is a giving account established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants from the fund over time.

Tax-loss harvesting is the selling of securities at a loss to offset a capital gains tax liability.

RMD: Required Minimum Distribution.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

Click here for standardized and month-end performance of the Villere Balanced Fund.
Click here for standardized and month-end performance of the Villere Equity Fund.

Fund holdings are subject to changes and are not recommendations to buy or sell any security

Click here for the Villere Balanced Fund current top 10 holdings.
Click here for the Villere Equity Fund current top 10 holdings.

Earnings growth is not representative of the fund’s performance.

One cannot invest directly in an index.

Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.