HENDERSON, Nev., Dec. 2, 2008 – Following 18 months of high-level research by company founder Joe O. Luby III, CFP(R) and five attorneys — including international estate and tax planning expert Roy M. Adams — Jagen(TM) Investments, LLC (http://www.jagenfunds.com) has unveiled a proprietary new way for accredited investors to access institutional-level investment opportunities with notable tax and IRA conversion efficiencies.
Jagen(TM) Investments' institutional management partner is Nuveen Investments, LLC. Nuveen has designed an investment portfolio exclusively for Jagen(TM) that is normally available only to institutional investors with an $80 million minimum account size. Jagen(TM), however, gives accredited investors access to the Nuveen portfolio for as little as $1 million.
But the real advantage to investors lies in Jagen's(TM) unique valuation structure. The strategy is designed as a series of specialty limited liability companies (LLCs) that allow likeminded individual investors to pool their assets and invest at the institutional level using portfolios, investments and managers they could not typically access on their own. Jagen(TM) units are not publicly traded and are subject to substantial liquidity restrictions. Together, Jagen(TM)'s illiquidity, lack of marketability and other factors equal discounts.
Each Jagen(TM) entity is required to have a qualified appraisal performed annually to report the fund's fair market value (FMV) by December 31. The FMV is likely to be less than the fund's net asset value (NAV). To illustrate the valuation principles behind the Jagen(TM) concept, Luby uses an example of a fund with a NAV of $1 million and a FMV of $700,000. All tax proceedings, including estate and gift tax, will be calculated on the FMV, leaving a portion of the NAV untaxed.
But even more significantly, IRAs and conversions from traditional IRAs to Roth IRAs will also be taxed on the FMV at time of conversion. The tax savings can easily be $100,000 or more per $1 million of NAV. The Jagen(TM) strategy is the only structure in existence to give investors that kind of tax break on IRAs.
"Jagen(TM) is designed to apply discount valuation principles to the income tax liability on IRA distributions, as well as to the gift tax, estate tax and generation skipping transfer tax (GST) realm," explained Luby. "It is the only solution to the big IRA tax problem."
Accredited investors interested in learning more about Jagen(TM) can visit http://www.jagenfunds.com or request a fund brochure directly from Luby at Email. Potential investors should not rely on this press release in making investment decisions. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. Past performance is not indicative of future results.
Contact:
Joe O. Luby III, CFP(R)
Jagen(TM) Investments, LLC
702-451-1158
Email
http://www.jagenfunds.com
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