Daffy is excited to announce the introduction of three new Conservative portfolios, designed to cater to every member's unique giving plans. These portfolios include a cash portfolio for members who prefer to avoid market risk, and two inflation-protected bond portfolios for those concerned about the current high inflation rates.
The components of these Conservative portfolios are solely cash or inflation-protected bond funds from reputable providers such as Vanguard and Schwab. This makes Daffy a fantastic option for a Donor-Advised Fund (DAF), especially for members who regularly contribute and donate the balance of their fund, prioritizing capital preservation over long-term investment returns.
In addition to these new Conservative portfolios, Daffy offers a range of other portfolio types, including Standard, ESG, and Crypto. This means that members can select from a total of four portfolio types, each designed to align with different risk tolerances and giving goals.
One of Daffy's standout features is the ability for members to contribute to a charitable fund, receive a tax deduction, and then invest that money tax-free to grow their impact over time. This is why many members prefer higher-risk portfolios to maximize potential returns. However, with the introduction of the new Conservative portfolios, members now have more options to manage their risk while still making a significant charitable impact.
Daffy stands out from many other DAFs by not charging an additional management fee for these investment portfolios. This makes Daffy not only a versatile but also a cost-effective choice for charitable giving.
In conclusion, whether you're looking to invest in cash, bonds, or even crypto, Daffy has the right portfolio for you. With its range of portfolio options and no additional management fees, Daffy is a great choice for a DAF.
Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.