Key Takeaways
- • Lindner Capital Advisors launched Lindner Select Manager Series 2, a second structured note offering in partnership with Deutsche Bank, following the sold-out success of its first Series 1 product.
- • The structured note carries an AA investment-grade rating and provides daily pricing, liquidity, and 1099 tax reporting (versus K-1 forms required for limited partnerships), offering structural advantages for long-term investors.
- • The product targets accredited investors seeking exposure to managed futures and alternative asset classes, which historically exhibit low correlation to traditional stocks and bonds and may help mitigate market volatility.
- • The Contemporary Portfolio Series, introduced in 2009, serves as the exclusive distribution channel for the structured note, positioning it as a vehicle for wealth managers, financial advisors, and broker-dealers to incorporate alternatives into client portfolios.
Summary
Lindner Capital Advisors has partnered with Deutsche Bank to bring its second structured note offering to market, building on the commercial success of its inaugural Lindner Select Manager Series 1, which sold out. The new Lindner Select Manager Series 2 is designed for accredited investors and distributed exclusively through LCA's Contemporary Portfolio Series platform, which was launched in 2009 as a dedicated channel for incorporating managed futures and alternative investments into client portfolios.
The structured note carries an AA investment-grade rating and addresses a specific market need: providing long-term investors with a liquid, tax-efficient alternative to traditional limited partnership structures. The product offers daily pricing and liquidity while delivering what LCA describes as favorable tax treatment through 1099 reporting instead of the more administratively burdensome K-1 forms typically associated with partnerships. This structural advantage simplifies tax compliance and reporting for both advisors and their clients.
According to CEO Robert J. Lindner, CFP, AIF, the offering is positioned to help advisors and their clients benefit from managed futures and alternatives, which have historically demonstrated low correlation to traditional stock and bond markets. This diversification benefit is intended to provide more stable returns relative to balanced portfolios during periods of market volatility. The product targets broker-dealers, registered investment advisors, and financial advisors seeking to offer alternative asset class exposure to their client base without the operational complexity of direct limited partnership investments.
The structured note carries an AA investment-grade rating and addresses a specific market need: providing long-term investors with a liquid, tax-efficient alternative to traditional limited partnership structures. The product offers daily pricing and liquidity while delivering what LCA describes as favorable tax treatment through 1099 reporting instead of the more administratively burdensome K-1 forms typically associated with partnerships. This structural advantage simplifies tax compliance and reporting for both advisors and their clients.
According to CEO Robert J. Lindner, CFP, AIF, the offering is positioned to help advisors and their clients benefit from managed futures and alternatives, which have historically demonstrated low correlation to traditional stock and bond markets. This diversification benefit is intended to provide more stable returns relative to balanced portfolios during periods of market volatility. The product targets broker-dealers, registered investment advisors, and financial advisors seeking to offer alternative asset class exposure to their client base without the operational complexity of direct limited partnership investments.
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