Welcome to Cache
Select your investor type
Investor
You are an individual or entity investing your own capital.
Advisor
You are a financial intermediary representing clients you manage.
Mark sent you an exclusive invite to invest with Cache.
When you sign up for Cache using Mark's unique referral link, you both get $100,000 managed free for one year.
Got it
Back

All in Exchange Funds

Recent
Guide

Introducing Cobol: Cache's S&P 500 Growth Exchange Fund for Accredited Investors

Cache is launching Cobol, a new Access Series exchange fund benchmarked to the S&P 500 Growth Index. Available to accredited investors with a $100K minimum. First close July 1, 2026.

The Cache Aperture: what it is, how it works, and when the next one opens

A Cache Aperture is a coordinated close across Cache's Flagship funds, designed to expand capacity for new investors. Here's how it works, who qualifies, and when the next one opens.

David’s Story: Finding a Better Path Out of a Concentrated Position

Diversify concentrated stock positions with a modern exchange fund. See how David moved beyond Tesla equity and why he chose Cache for a flexible, low-fee path forward.

Larry’s Story: Using Exchange Funds to Stay Diversified and In Control

A real investor case study on how exchange funds help reduce concentrated stock risk, improve tax efficiency, and create long-term diversification.

Why Exchange Funds Hold Real Estate: The 20% Qualifying Asset Rule, Explained

Discover why exchange funds must hold 20% in qualifying real estate under IRS §721 and how Cache uses institutional real estate to support tax-deferred diversification.

How Cache Built the Modern Exchange Fund with 99% Correlation

Curious about performance results of our funds? See how UNIX and Bedrock are tracking their benchmarks with high correlation. Updated August 2025.

1
Introduction

What is an Exchange Fund?

Exchange funds take stocks from multiple investors and pool them into a single fund, giving each investor a stake in the fund. Learn exchange fund requirements and whether they’re right for you.

1
Performance follows Design

How Cache Built the Modern Exchange Fund with 99% Correlation

Curious about performance results of our funds? See how UNIX and Bedrock are tracking their benchmarks with high correlation. Updated August 2025.

2
Essentials

How do exchange funds work? The ultimate guide

How do exchange funds work? Who offers exchange funds? Are exchange funds a good idea? Get all the answers here.

3
Comparison

List of exchange funds — providers and product details

Who offers exchange funds? And how do these products differ? Learn about the providers and product details.

Cache Financials, Inc. (“Cache”) operates this website. Cache Securities LLC (“Cache Securities”) is a broker-dealer registered with the U.S. Securities and Exchange Commission (“SEC”) and a member of the Financial Industry Regulatory Authority (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”). SIPC protects securities customers of its members up to $500,000, including $250,000 for claims for cash. Additional information, including an explanatory brochure, is available at www.sipc.org. Information about Cache Securities is also available through FINRA BrokerCheck at https://brokercheck.finra.org. Information about Cache Advisors is available at: https://adviserinfo.sec.gov/

Cache Securities provides brokerage services to self-directed customers, including securities lending and securities trading (sell transactions). Cache Securities does not provide investment advice, analysis, or recommendations. Clearing, execution, and settlement of securities transactions are provided by Apex Clearing Corporation, a member of FINRA and SIPC.

Cache Advisors LLC (“Cache Advisors”) is an investment adviser registered with the SEC. Registration with the SEC does not imply a certain level of skill or training. Cache Advisors is a wholly owned subsidiary of Cache Financials, Inc. Cache Advisors provides discretionary investment advisory services to certain pooled investment vehicles and managed programs, including the Cache Exchange Funds and the Cache Long Short Program, as described in its Form ADV. Advisory services are available only to U.S. residents in jurisdictions where Cache Advisors is registered.

This website includes testimonials and endorsements from individuals identified as Clients or Advisors. Testimonials are provided by current investors in a Cache Exchange Fund (“Clients”). Endorsements are provided by financial advisors (“Advisors”) who have a business relationship with Cache and may utilize Cache products on behalf of their own clients. Unless otherwise indicated, Advisors are not investors in a Cache Exchange Fund. Certain individuals identified as “Cache Investor” are investors in Cache Financials, Inc., the parent company of Cache Advisors LLC and Cache Securities LLC. As equity holders, these individuals have a financial interest in the success of Cache and therefore have a material conflict of interest. No cash compensation was paid in exchange for providing these testimonials or endorsements. However, Clients have an investment in a Cache product, Advisors have a business relationship with Cache, and certain individuals have an ownership interest in Cache Financials, Inc., each of which creates a potential conflict of interest. Testimonials and endorsements reflect the views and experiences of the individuals at the time given and may not be representative of the experiences of other clients or advisors. Testimonials and endorsements are not a guarantee of future performance or success.

For additional important disclosures, please visit our Legal Disclosure Library. By accessing this website, you agree to be bound by Cache’s Terms of Use and Privacy Policy.

© 2026 Cache Financials, Inc. All rights reserved.