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Products July 31, 2006
Wisconsin Consultant Offers ETFs
July 31, 2006 (PLANSPONSOR.com) - Consulting and
plan design firm, 401kDesign will soon offer exchange traded
funds that are valued on a daily basis, a tactic the firm
claims will save costs for employers and plan
participants.
Reported by Adrien Martin
Because the Madison, Wisconsin-based firm is a independent provider, it can offer funds from several investment companies such as Vanguard, Barclays and NASDAQ to plan sponsors.
“Using daily valuated ETF’s is one way to defray costs, while still providing a solid investment strategy to employees,” said founder Ed Jaeger in a news release. “It’s our goal to help clients reduce their plan fees, and enable them to comply with Department of Labor regulations.”
For more information on the funds go to www.401kdesign.net .