ETF PM LAUNCHES THE FIRST ABSOLUTE RETURN STRATEGY WITH A 0.4% ADVISORY FEE
MANAGER BROADENS INVESTMENT PLATFORM
TO EIGHT ALL-ETF PORTFOLIOS
- Advisor is first to offer low-cost absolute return strategies with no-fee passive cores -
LOS ANGELES AND NEW YORK; December 16, 2009 – ETF Portfolio Management (ETF PM), a specialized absolute return investment management firm, has launched a new strategy to maximize value for investors. With an annual advisory fee of just 0.4%, the Basic Alpha absolute return portfolio is a long-only, multi-asset class strategy that will have exposure to global developed equities, emerging markets, real estate, commodities, and fixed income. The strategy can be shifted quickly into fixed income or cash to control risk, and it does not employ leverage.
“ETF PM is proud to launch a broadly diversified growth strategy that offers liquidity, transparency and risk control with an extremely low advisory fee,” said David Kreinces, the firm’s Founder and Portfolio Manager. The firm now offers five absolute return portfolios employing disciplined, rules based trend following with no leverage and no performance fees:
Basic Alpha – a broad, multi-asset class, long-only portfolio; 0.4% annual fee
Global Growth – a diversified, equity, long-only portfolio; 2.0% annual fee
Aggressive Growth – a concentrated, multi-asset class, long-only portfolio; 2.0% annual fee
Long/Short – a concentrated, multi-asset class, long/short portfolio; 2.0% annual fee
Advanced Alpha – a broad, multi-asset class, long/short portfolio; 2.0% annual fee
The Advanced Alpha portfolio, formerly called Core Alpha, consists of an equal weighting of the Aggressive Growth, Global Growth, and Long/Short portfolios. “Including our three no-fee passive core portfolios, ETF PM’s comprehensive eight-strategy investment platform offers an efficient solution for both active and passive portfolio management,” noted Charles Dhanraj, ETF PM’s President and Managing Director. “We are focused on maximizing the overall value proposition for our clients.”
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