JGASX

FranklinUriahFrisbee

Well, first off I think JGASX is a mutual fund and not an SMA. My understanding of an SMA is it is a portfolio of individual stocks owned in your name managed by a "manager". That said, I would probably put 1/2 in QQQ, 1/4 in VOO and the remainder in MAGS. For me, simple is always easier plus you avoid a percent or two in fees.

thetreece

JGASX is an expensive actively managed fund. ER of like 0.86%. You'll be better off just buying VTI or VOO if you want a US stock fund. JGAAX just hyper concentrated in Mag 7 and tech. The top 10 holdings are like 54% of the portfolio.

Senior-Preference678

For a $100k portfolio, an SMA that tracks an index (like Russell 3000 Growth) is usually not the optimal choice unless there is a clear, explicit advantage (tax management, customization, or restrictions). In most cases, a low-cost ETF does the job better. 1. What an SMA is actually good for SMAs make sense when you need: Direct security ownership (not a pooled fund). Tax-loss harvesting at the stock level Customization (exclude sectors, ESG screens, legacy positions) Very large portfolios (typically $500k–$1M+). If none of the above applies, the SMA advantage shrinks fast. 2. Red flag: “SMA that tracks an index” If the goal is to track Russell 3000 Growth, then: You are paying active-management fees for index-like returns; you take on manager risk with no expected alpha; you lose the simplicity and transparency of an ETF. An ETF like VUG, IWY, SCHG, or IWF: Tracks the benchmark more accurately; Costs ~0.04–0.08% vs ~0.75–1.25% for many SMAs; Has no manager style drift; Is fully liquid and portable. Over 20–30 years, that fee difference alone can cost six figures. 3. About JGASX specifically JGASX is: actively managed, relatively expensive, not guaranteed to outperform the index it’s benchmarked to, subject to manager turnover and style drift. You’re taking active risk without a clear reason, while your stated goal is diversification, not alpha hunting. 4. Portfolio context matters You already said: You’re aggressive, want growth, you’re diversifying away from employer stock, don’t want crypto or speculative assets. That profile aligns perfectly with: Broad growth ETFs, possibly a tilt (quality, profitability, momentum) NOT with a high-fee index-replicating SMA. 5. A cleaner alternative A simple, professional structure could be: 70–80% US Growth ETF (Russell 1000/3000 Growth); 10–20% International Growth Optional factor tilt (Quality or Profitability); Low cost, scalable, tax-efficient, and easy to rebalance. 6. Key question you should ask your advisor “What specific advantage does this SMA give me over a low-cost ETF, net of all fees and taxes?” If the answer is vague, generic, or fee-defensive, that’s your answer.

SnS2500

Just get IWV if you want the Russell 3000. Any advisor that recommends a mutual fund over a better performing parallel ETF is a bad advisor. Test the advisor out. Ask them to explain why they suggested JGASX rather than IWV or VOO.

max_strength_placebo

Those are higher-fee funds, which is a fair point to think about. But IMO you're making an apples-to-oranges comparison. Those funds are all performing OK, when compared to an appropriate benchmark. Don't make the common naive mistake of comparing every investment to the S&P 500 (which is larger US companies). Smaller company funds should be compared to the S&P 400, S&P 600 or Russell 2000. International or global funds have their respective benchmarks, such as MSCI EAFE OPOCX is a US small company fund BARAX is a US mid-size company fund OPPAX is global with 60/40 US/international mix GEMUX is the emerging markets fund JGASX is a large company US fund, and the only fund in your list which can fairly be compared to the S&P 500. a well-diversified portfolio should always have some part that is disappointing at the moment. you don't want to invest 100% of your money into what's performed well over the last 5-10 years, because investing plays out in big long cycles. keep buying emerging markets or small cap US stocks when they're blah, because the tables will eventually turn.

JuustLookAway

What do you mean by black box? I just looked and the specific stocks seem to be AEPFX, FDRXX, FINFX, JGASX, and JISGX. I started probably 3 years ago and have put a total of about 20K in for a 25% return