Investors can trade entire portfolios of individual securities in dollar, rather than share, denominations, while maintaining control over the timing of trades leading to taxable events.
With the E*TRADE Stock Baskets platform, and a minimum investment of $5,000 for non-retirement accounts and $2,000 for IRAs, investors can:
- research and build a basket of up to 50 individual securities, or
- purchase a ready-made basket, from a range of 21 compiled by Standard & Poor’s, which can be further customized
E*TRADE Stock Baskets charge a value-oriented asset-based fee of 0.75% to 1.25% per year, rather than commissions or transaction charges.