Daffy, a leading provider of donor-advised funds (DAFs), has recently introduced three new Conservative portfolios, expanding its range of investment options for members. These portfolios are designed to cater to members who prefer to take less market risk with their charitable giving plans.
The three new Conservative portfolios include a cash portfolio, ideal for members who prefer not to take any market risk, and two inflation-protected bond portfolios, designed for those concerned about the current high rates of inflation. These portfolios join Daffy's existing Standard, ESG, and Crypto portfolios, bringing the total number of portfolios offered to 13 across four categories.
Daffy's Conservative portfolios are the perfect fit for members whose priority is preserving capital over investment returns. These portfolios do not hold equities or crypto, and are comprised solely of cash or inflation-protected bonds. The expense ratio for the all-cash portfolio is zero, and the expense ratio for the bond portfolios is very low, ranging between 0.04% to 0.05%.
One of the standout features of Daffy is the ability for members to contribute their money to a charitable fund, receive a tax deduction, and then invest that money tax-free to grow their impact over time. This unique approach allows members to maximize their potential returns and increase their charitable impact.
Unlike many other DAFs, Daffy does not charge an additional management fee for these investment portfolios. This cost-saving feature, combined with the high-quality, low-cost index funds managed by industry leaders such as Vanguard, Schwab, and BlackRock, makes Daffy an excellent choice for those looking to make the most of their charitable giving.
In conclusion, whether you're looking to preserve capital, protect against inflation, or maximize potential returns, Daffy has a portfolio that's right for you. With its wide range of investment options and commitment to cost efficiency, Daffy is a great option for your 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.