If you don’t want the hassle of owning a piece of art, it’s still possible to invest in artwork without taking possession of the physical asset.

MasterWorks is an art fund that is structured much like other investment funds; It allows investors to partially own pieces of art by acquiring blue-chip art at auctions on behalf of its investors.

Art Funds such as MasterWorks conduct elaborate research to identify artworks with a good chance of increasing in value, and they oversee all of the maintenance required to keep the artworks in pristine condition. However, the investors pay a fee for this service and don’t get the chance to physically take possession of the art.

Categories: 403-MW