Bringing you live news and features since 2006 

Tax

Robeco-Sage replaces K-1 reporting with 1099s

RELATED TOPICS​

Robeco-Sage is offering investors simplified tax reporting by eliminating K-1 reporting in favour of Form 1099 reporting.



It has converted its SEC registered Multi-Strategy Fund tax reporting to a Form 1099 effective 1 December 2010. 

With this change, Robeco-Sage becomes one of only a few fund of hedge funds managers to make 1099 reporting available to its investors.
 
“The K-1 tax reporting process can be a deterrent to some investors, not only because it is perceived by some as complex, but also because K-1’s are often not made available until much later in the year than Form 1099’s, often requiring investors to file tax extensions. Simplified, more timely tax reporting is something both our high net worth clients as well as our taxable corporate clients have requested from us. Our mission is not only to provide excellent risk adjusted returns, but also to continually listen to our clients and provide structural solutions that meet their needs,” says Jill Schurtz, chief executive of Robeco-Sage.
 
Robeco-Sage Multi-Strategy Fund is a SEC registered multi-strategy fund of hedge funds that was launched in 2005 with a goal of achieving long-term capital appreciation with reduced risk and volatility.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by