As an online investment marketplace, our mission at IB Asset Management is to provide a comprehensive array of portfolio choices at the lowest possible cost to help investors meet their financial goals.
That’s why we recently introduced the IB Asset Management Index Tracking Portfolios managed in-house by our investment management team led by Chief Investment Officer Sanjoy Ghosh.
Utilities
Looking for exposure to the utility sector?
The Russell 1000 Utilities Managed Portfolio includes stocks of companies that distribute electricity, water, or gas, or that operate as independent power producers.
The portfolio targets long U.S Utility equities within the Russell 1000® Index and rebalances quarterly.
Sell decisions are based exclusively upon the quarterly rebalance and reconstitution of the Russell 1000® Equal Weight Consumer Discretionary Index as provided by the Frank Russell Company pursuant to a licensing agreement.
Portfolio Lineup
Interested in other investing ideas? Check out our entire lineup of index tracking portfolios here.
The IB Asset Management Index Tracking Portfolios are designed to follow certain predefined rules so that the portfolio can track a specified basket of underlying investments as represented by the reference index.
IB Asset Management constructs and manages these portfolios based on data provided pursuant to licensing agreements with FTSE International Limited and the Frank Russell Company.
Trusted Names
Both are trusted index providers in the investment industry.
While based on data provided by FTSE and Russell that calculate the indices these portfolios seek to track, these portfolios are not in any way sponsored, endorsed, sold, promoted or recommended by these two index providers.
Value Proposition
We think we offer an attractive value proposition to the discerning investor.
Here’s why:
Low Fees: Our management fee of 0.20%, or 20 basis points, is among one of the lowest in the industry for an index tracking portfolio.
Please note that commissions for trades in these portfolios charged by our affiliated broker-dealer Interactive Brokers LLC are separate and in addition to our management fee.
Transparency: You can check out positions and trades online at your convenience.
Easy: You can buy and sell your investments in these index tracking portfolios online or by phone.
Rebalance: These portfolios are rebalanced every quarter to stay on track with the reference index.
Want to learn more? Check out this link for descriptions of individual portfolios and how to get started.
Photo Credit: Randy Heinitz via Flickr Creative Commons
Disclosure: There is not guarantee or assurance that the methodology used to create the reference indices will result in these portfolios achieving high or even positive returns. The indices upon which the portfolios are based may underperform and could lose value while other indices could increase in value. While IB Asset Management aims to track the reference index for each of these portfolios as closely as possible and mimic the performance of each index, it makes no guarantee that it will succeed in doing so, or that it will achieve the same performance for clients as the account managing each portfolio has achieved. Those considering investments in these portfolios should note that there may be similar offerings in the marketplace (i.e., portfolios or investments seeking to track the same index), which may charge lower management fees. This specific portfolio may carry higher risk to the extent it is focused on the utilities sector, which could be adversely affected by significant government regulation and oversight, rising costs of complying with regulations, and increases in fuel and operating costs.
For our full disclosures related to investments in IB Asset Management Index Tracking Portfolios, please review this.
