Mutual Funds
Description
Strategic Mutual Fund Management (“SMFM”) is an investment
program in which mutual funds are used to construct client
portfolios. Clients may choose one of five portfolio strategies,
and Praxis’ staff is available to discuss the suitability of a
strategy for a client. The strategies are designed to provide
varying degrees of return and risk. Clients may use their own
asset custodian or one suggested by Praxis, and Praxis will not
hold client assets. Minimum account size is $250,000, but Praxis
may accept accounts less than $250,000 in Praxis’ sole
discretion.
The following Strategic Mutual Fund Management account strategies are available: