“We believe that a mutual fund for the family is the key first step in developing generational wealth. Joining our investment funds together into a single investing unit then cultivate it under the watchful eye of a Competent Fund Manager will make the family a powerful force indeed.”

A mutual fund is an investment company that pools the money of its members/owners and invests it in stocks, bonds, money-market instruments, and other assets. Fund accounting is serious business, it refers to the maintenance of the financial records of the mutual fund. Accounting records must be kept for the investors’ activity, the portfolio activity, the income earned, and the expenses incurred by the fund. The fund manager will have a fiduciary responsibility to not only ensure the safety of the fund’s assets but the accuracy of the pro-rata distribution of the fund’s earnings and expenses.

The 5GL Mutual Fund establishment and success is the “proof of concept” that we can do this; that our family, a “strong family” is ready to achieve this objective. The “proof of concept” spans three (3) years allowing the time it will take to build a reputable high performing investment strategy and portfolio. There are many milestones to achieve along the way, and the journey has begun.

 The Family Strengths Inventory has been used with thousands of families in more than 25 countries around the world and reveals six common themes:

1. Strong families express appreciation and affection. They speak in positive and affirming ways and express the love they have for each other.
2. Strong families have a strong commitment to each other. They are deeply committed to promoting each other’s happiness and welfare and show their commitment by investing time and energy in family activities.
3. Strong families spend enjoyable time together. They enjoy being together and know that if they don’t prioritize and schedule time together, it won’t happen. Sometimes, love is spelled t-i-m-e.
4. Strong families manage stress and crisis effectively. They are not immune or exempt from difficult days and challenging situations, but they develop strategies so they can pull together, rather than fall apart.
5. Strong families have a sense of spiritual well-being. Whatever the expression of their spiritual lifestyle, there are consistent themes of guiding values and ethics, as well as a commitment to important causes.
6. Strong families have effective and positive communication patterns. They talk to each other and listen to each other and may have specific ground rules on how they communicate in respectful, loving ways.

These six traits are helpful for recognizing strengths that might already be in place, and provide a starting point for developing new areas of strength.