FAQ

What types of accounts do you handle?

• IRA accounts: We handle all types of IRAs – Traditional, Roth, SEP, Simple & Education (Coverdell). You can even move your 401(k) into an IRA Rollover with us, upon termination of employment.
• Corporate accounts: We handle Pension & Profit Sharing accounts, 401(k)s, & management of company funds.
• Joint, Individual, Trust, Custodial & Estate Accounts are just a few others offered.

We are a fee only investment advisory firm. Our fees are based on the value of the assets we manage and are not commission-based.

If I hire Parker Carlson & Johnson, can all of my current assets transfer?

Most assets can be transferred, though it can depend on what the assets are and what we think is the best plan for you.

When are dividends paid on the PC&J Mutual Funds?

These dividends, if any, are paid annually and more frequently if the Adviser determines that additional distributions are in the best interests of the shareholders. The dividends will be reflected on your Form 1099.

What is Parker Carlson & Johnson's policy for voting proxies?

Parker Carlson & Johnson Inc. has adopted proxy voting policies and procedures to enable it to comply with its responsibilities and the requirements of Rule 206(4)-6 under the Investment Advisers Act of 1940, as amended (the "Act"). According to the "Act," the Adviser has a fiduciary duty to act in the best long-term interest of its clients, including proxy voting.

Individual Accounts: The advisory contract states that Parker Carlson & Johnson will not vote proxies on behalf of its clients, with the exception of clients governed by the Employee Retirement Income Security Act of 1974 (ERISA).

PC&J Mutual Funds: Parker Carlson & Johnson is the investment adviser for PC&J Mutual Funds, investment companies registered under the Investment Company Act of 1940, as amended. The adviser's authority to vote proxies is established under the delegation of discretionary authority under its investment advisory contract. Therefore, the adviser will vote all proxies, received in sufficient time, as part of its discretionary authority over the funds' assets in accordance with the proxy voting policies and procedures.

Proxy Voting Policy for ERISA and PC&J Mutual Funds: Parker Carlson & Johnson, Inc. manages assets allocated to equities with one overriding goal: to provide capital appreciation to the shareholders of our mutual fund and to our individual account clients. Inherent in achieving this goal is to buy equity securities of well-managed companies. These are companies that employ managers that have a demonstrated track record of aligning the interests of management with the interests of shareholders. For a company that demonstrates that it acts in the best interests of its shareholders, it becomes difficult for us to believe that we know more about the company’s business, as investment managers, than the company’s top management knows about its own business. Based upon that criterion, for all proxy issues, we will vote shares in our equity portfolios to follow management recommendations.

For each company in our portfolio, when we perceive that management is not acting in the best interest of shareholders, that becomes a primary signal to sell the shares of that company. Included in that perception would be a management recommendation to vote for a proxy issue that we felt would materially harm the shareholders of the company. In trying to achieve capital appreciation in our equity assets, we cannot conceive of an instance whereby we would continue to own shares in a company where we believed that management recommendations on proxy issues would have a materially negative impact on the shareholders of the company. Therefore, we would simply sell those shares in our portfolios.

The following policies apply to investment company shares owned by a PC&J Mutual Funds. Under Section 12(d)(1) of the Investment Company Act of 1940, as amended, (the “1940 Act”), the Fund may only invest up to 5% of its total assets in the securities of any one investment company, but may not own more than 3% of the outstanding voting stock of any one investment company or invest more than 10% of its total assets in the securities of other investment companies. However, Section 12(d)(1)(F) of the 1940 Act provides that the provisions of paragraph 12(d)(1) shall not apply to securities purchased or otherwise acquired by the Fund if (i) immediately after such purchase or acquisition not more than 3% of the total outstanding stock of such registered investment company is owned by the Fund and all affiliated persons of the Fund; and (ii) the Fund is not proposing to offer or sell any security issued by it through a principal underwriter or otherwise at a public or offering price which includes a sales load of more than 1 ½% percent. Because the Funds may rely on Section 12(d)(1)(F), each Fund (or the Adviser acting on behalf of the Fund) must comply with the following voting restrictions: when the Fund exercises voting rights, by proxy or otherwise, with respect to investment companies owned by the Fund, the Fund will either seek instruction from the Fund’s shareholders with regard to the voting of all proxies and vote in accordance with such instructions, or vote the shares held by the Fund in the same proportion as the vote of all other holders of such security.