Deen Capital Management, Inc. Contact us by email
Our goal: Outperform the S&P 500 in both up markets and down.
Our result: +52.6% for the 60 months ending July 28, 2010 (vs -1.0% for the S&P)
PO Box 30925 Santa Barbara CA 93130 800-353-4990 email info@deencapital.com

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Managed Account Service

To Open A Managed Account. Please contact Deen Capital at 800-353-4990 or info@deencapital.com.

How It Works. First, a client opens a brokerage account at E*Trade Financial. (www.etrade.com). This could be a personal or joint account, an IRA, a trust, or a corporate account. Then, the client authorizes Deen Capital Management, Inc. to place buy and sell orders on his or her behalf.

Minimum Investment. The minimum initial investment is $50,000.

Commissions. Through a special arrangement with E*Trade, Deen Capital clients pay only $5 per trade.

Management Fee. Deen Capital charges a quarterly management fee, payable at the beginning of each quarter. The fee is based on assets under management at the end of the prior quarter, and is calculated as follows:

  • 0.75% per quarter (3.0% per annum) for the first $50,000.
  • 0.5% per quarter (2.0% per annum) for the next $450,000.
  • 0.375% per quarter (1.5% per annum) for the next $4.5 million.
  • 0.25% per quarter (1.0% per annum) for the next $5 million.
For example, the fee on a $250,000 account would be 2.2% per year ($50,000 at 3% + $200,000 at 2%).

Please note that our performance numbers since 1994 are net returns after fees and commissions.

Clients may pay by check, or they may ask E*Trade to deduct the fee from the account.

Statements and Reports. Clients receive at no extra charge:

  • A detailed e-mail report (if requested) from Deen Capital every week. These e-mails include:
    • Mr. Deen's market commentary.
    • A performance update on your account, including your current account value, year-to-date gain, and gain since inception.
    • Detailed information on any gains or losses realized during the week.
    • A detailed list of all stocks held, including buy date, buy price, current price, and paper gain (or loss).
    • The cash balance in your account.

  • A letter and performance update from Deen Capital every quarter.

  • An end-of-year tax report from Deen Capital every January.

  • A confirmation from E*Trade for every trade.

  • A statement from E*Trade every month.