Before the fund closes, shares will sit in a Cache Securities brokerage account in the client's name, cleared by Apex Clearing, and remain fully in the client's ownership. Clients can choose to withdraw their shares up to one day before the fund close date, even after they have signed subscription documents.
Cache Exchange Fund assets are custodied at Bank of New York Mellon, the largest custodian bank in the world.*
We can also set up a data feed to provide reporting through Schwab or your advisory firm's performance reporting software.
See more about our financial infrastructure, or visit our Advisor page to book a quick meeting with us.
*Source: BNY Mellon