Leaderboard
Exchange funds
Pooled §721 partnerships that take a concentrated stock in kind and give back a diversified basket after seven years.
How this strategy works, and the tax rules behind it →Products
6
Providers
6
Median fee
0.68%
Median minimum
$250K
Assets tracked
$98.4B
6 of 6 products disclose
Click a column to sort · ≈ estimated by Basis
| # | Provider | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | Eaton Vance (Morgan Stanley)Private exchange funds (Bel* and Clear*) | ≈$73.2B | 14,290 | Not disclosed | $1M | QP | ≈2.4–2.8% | Periodic closings within eac… | Open |
| 2 | Goldman Sachs Asset ManagementExchange Place funds | ≈$22.9B | 5,595 | Not disclosed | $1M | QP | Not disclosed | Vintage offerings with an in… | Unknown |
| 3 | CacheExchange funds (Flagship and Access series) | ≈$1.61B+ | 886 | 0.40%–0.95% | $100K | Accredited | ≈1.65–3.1% | Typically twice a month (Cac… | Open |
| 4 | FidelityFidelity Exchange Fund | $601M | 322 | 0.54%–1.04% | $250K | QP | Not disclosed | Not disclosed | Open |
| 5 | GlidePathGlidePath Exchange Fund | $55.8M | Not disclosed | 0% | $100K | QP | Not disclosed | Not disclosed | Open |
| 6 | Collective LiquidityCollective Exchange Fund, L.P. | $41.6M | 78 | Not disclosed | Not disclosed | Accredited | Not disclosed | Not disclosed | Unknown |