Managed Account

Report the underlying assets of a managed account in Schedule A. 

Managed Account: An Example

For You, Your Spouse, and Your Dependent Children

Schedule A

Report each underlying asset of a managed account that individually was worth more than $1,000 at the end of the reporting period or that individually produced more than $200 in income during the reporting period.

This guide contains specific instructions for each type of asset that you hold within the managed account. For example, this guide contains instructions for mutual funds, exchange-traded funds, stocks, corporate bonds, and other financial instruments.

The Managed Account Is Not an “Excepted Investment Fund”

Note that your managed account is not an “excepted investment fund.” Even if you selected an established portfolio of investment choices when you established your managed account, the managed account is not an “excepted investment fund.” In fact, the managed account is not an investment fund at all. You have not “pooled” your money with other investors. Although the account manager may have offered you the option of selecting a predetermined “portfolio” of assets, you own each of these assets individually and directly in your own name. For this reason, as well as other reasons, you must disclose each asset as a separate line item in your financial disclosure report.

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This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.