Press Releases
FOR IMMEDIATE RELEASE
iSectors® ETF-based TAMP Reaches $100 Million in Assets Under Management; Introduces New ETF Models
Appleton, WI March 19, 2009
iSectors® today announced that assets under management within their ETF-based asset allocation models have grown to $100 million. Vern Sumnicht, CEO, commented on iSectors’ asset growth during this difficult market environment stating, “Advisors and investors are realizing the efficiency, liquidity, and cost benefits of ETFs. iSectors’ ETF-based allocation models offered on our Turnkey Asset Management Platform (TAMP) are an appealing alternative to actively managed mutual funds.”
In response to advisor demand, iSectors has added an additional 16 allocation models to its current suite of exchange-traded fund (ETF) models. Along with the model additions, iSectors has added a module that allows advisors to create and manage, in a turnkey fashion, their own ETF allocation models. iSectors Asset Allocation Models are also available on the Envestnet platform for firms and advisors contracted with them.
iSectors has combined the efficiency and attractive features of ETFs into unique asset allocation models to create efficient, inexpensive portfolio solutions for registered investment advisors and their clients. ETFs are fast becoming the vehicle of choice for cost-conscious investors in the turbulent economic times. iSectors models offered through our turnkey program provide investors diversification, transparency, daily pricing, daily performance monitoring, and intraday liquidity. In addition, investors can reduce management fees, commissions, and tax costs culminating in a 2% to 4% annual savings over mutual funds.
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Before investing, investors should always consider their investment objectives, risks, fees, and expenses of any investment. Past performance does not guarantee future results. Diversification does not ensure a profit or guarantee against a loss. For more information on iSectors, including a more complete disclaimer about the risks of investing, visit www.iSectors.com.
iSectors®, LLC, W6240 Communication Court, Suite 1, Appleton, WI 54914-8549.
Contact: Scott Jones
Tel: 800-869.5184
Email: scott.jones@isectors.com
