In general, the long -term investment platform has announced the launch of a new direct index product, giving retailers the ability to allocate their portfolios and “improve tax saving through tax loss”.
The company said that the members can now build their own direct index from more than 100 indicators provided by Solacting and S&P, including the S&P 500 and the standards of the sector such as technology and health care.
A year explained that, unlike investment in the circulating investment funds, the direct indexing of investors allows individual shares inside an index, and opened the door to building a designed portfolio and harvesting automatic taxes.
Traditionally preserved for high -value individuals, direct indexing has become easier with a low minimum investment requirements.
The audience has set the entry point at $ 1,000, with an annual management fee of 0.19 % per indicator.
The company said that the offer enables investors to control weights, exclude or include specific companies, and the design of personal exposure to the selected market sectors.
“Developed investors want to control their portfolios. Our new producer directly not only gives people the broader scale of indicators, but they also want full control of the companies they want to invest, and no only.
“People are mainly given the opportunity to convert indicators like the S&P 500 to their personal S&P index.”
The company said that the product is now available to all members of the two years via iOS, Android and Web platforms.