Enduring Investments manages investment portfolios for individuals and institutions, focusing primarily on inflation-indexed products, inflation-linked bonds, and other fixed-income instruments. Michael Ashton leads the registered investment advisor, which tailors strategies to each client's specific financial situation, tax status, and risk tolerance. In addition to managing customized separate accounts, the firm offers access to systematic model portfolios and pooled investment funds. The firm utilizes a range of investment tools, including debt and equity obligations, derivatives, options, commodities, and foreign securities, and may employ short selling and leverage when appropriate. Clients generally maintain a minimum investment of $1,000,000, though all agreements and fee structures are individually negotiated.
Fee Structure
Enduring Investments calculates management fees as a periodic percentage of the value of your portfolio. All fees are individually negotiated and vary based on factors such as account size, specialized guidelines, and agreed-upon lock-up periods. For example, accounts with a one-year lock-up might have a management fee of 1.5%, while accounts with a two-year lock-up might be charged 1.0%.
In addition to standard portfolio management fees, the firm may also charge an annual performance-based fee ranging from 5% to 20% of net capital appreciation above a high-water mark, depending on the agreed-upon investment strategy and benchmark. Management fees are generally billed quarterly in arrears, though other billing schedules may be arranged.