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Products May 11, 2010
U.S. One Launches Inaugural ETF
May 11, 2010 (PLANSPONSOR.com) - U.S. One, Inc. has launched its inaugural exchange-traded fund, One Fund (NYSE: ONEF), “designed specifically for investors seeking a tax efficient, low cost stock ETF.”
Reported by Rebecca Moore
The fund’s approach simplifies the investment process by consolidating multiple, growth-oriented stock investments into the portfolio of One Fund.
According to a press release, One Fund invests in a broad range of stocks, across many industry segments, in both established and emerging markets. The fund invests in underlying ETFs based on their ability to accurately represent the desired target market segment with an additional preference for those ETFs with low expense ratios.
The management fee for One Fund is 0.51%, and U.S. One, Inc. will market directly to investors primarily through online channels, the announcement said.
For more information, visit http://www.onefund.com or call 866-663-3863.« Nippon Life Benefits Partners with Principal on Wellness Solution