Sit Investment, founded in 1981, manages client assets on a discretionary basis, focusing on domestic and international equity securities. Investment decisions are made by the Investment Committee, using model portfolios adjusted for client-specific restrictions. Sit Investment targets growth-oriented companies with the potential for faster earnings growth than the market index.
Fee Structure
Sit Investment charges an annual fee based on a percentage of your portfolio's value, calculated quarterly. The fee schedule varies depending on the type of portfolio (e.g., Large Cap, Small Cap, International). Fees may be negotiable depending on the amount of assets managed. Here are some examples of their fee schedules:
Large Capitalization, Concentrated, Dividend Growth, and Balanced Portfolios
- First $10 million: 0.75% per year
- Next $10 million: 0.70% per year
- Next $10 million: 0.65% per year
- Next $10 million: 0.60% per year
- Over $40 million: Negotiable
Medium Capitalization Portfolios
- First $30 million: 1.00% per year
- Next $70 million: 0.70% per year
- Over $100 million: 0.50%
Small Capitalization and Small Capital Dividend Portfolios
- First $50 million: 1.00% per year
- Next $50 million: 0.60% per year
- Over $100 million: 0.50%
International/EAFE+, Global, Global Dividend, Global Balanced, and ESG Growth Portfolios
- First $10 million: 0.80% per year
- Next $20 million: 0.75% per year
- Next $20 million: 0.65% per year
- Over $50 million: 0.50%
Developing Markets and Pacific Basin Portfolios
- First $10 million: 0.90% per year
- Next $20 million: 0.85% per year
- Next $20 million: 0.75% per year
- Over $50 million: 0.60%