E*TRADE Raises the Bar with Adaptive Portfolio
"We are thrilled to raise the bar with this entirely new way to invest with E*TRADE," said
Dave Herbert, SVP of Retail Services at
Adaptive Portfolio offers hybrid portfolio options employing passive management to track broader, more efficient segments of the market, while leveraging active management that seeks to maximize performance in narrower and less liquid market segments. Investors have the option of choosing either a hybrid mutual fund and ETF portfolio, or an all-ETF version that is entirely passive.
"When examining the automated investing landscape today, investors typically are limited to passive management strategies," said
Lena Haas, SVP of Retirement, Investing and Savings. "With the introduction of Adaptive Portfolio, we aim to kick-start a new phase in the automated investing evolution by offering investors access to more strategies to help them meet their goals."
Adaptive Portfolio helps keep investors on track with their target asset allocation through automated drift rebalancing when necessary. Fully integrated with etrade.com, Adaptive Portfolio begins with an interactive questionnaire, designed to help map investors to one of six main portfolios based on goals, risk tolerance, and time horizon. Once a portfolio has been selected, investors may examine the recommended asset classes and compare their target allocations to other risk profiles.
Adaptive Portfolio is offered by E*
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More information is available at www.etrade.com.
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