Praemium is not a managed fund itself; rather, it is a premier wealth technology and investment administration platform provider that equips financial advisers, wealth managers, and high-net-worth clients with tools to build, manage, and report on diverse investment portfolios. While the platform facilitates access to various managed accounts, separately managed accounts (SMAs), and third-party managed funds, Praemium acts as the technological infrastructure and administrative custodian service rather than the underlying investment product creator.