Exchange traded funds provide SCM with liquidity and transparency

SCM finds value in ETFs

alan-miller-scm-private-9586

“When we started SCM we wanted our own family money managed in a certain way,” notes fund manager and founding partner of SCM Private Alan Miller. “We wanted a high-liquidity, low-cost portfolio.” Miller believes keeping portfolios liquid is important so that it is possible to change asset allocations quickly as well as to redeem a client’s assets into cash. This is why the company only invests using exchange traded funds (ETFs).“Exchange traded funds are e