The Control of Individual Securities
iSectors® uses ETFs whenever possible to invest your account. Just like individual securities, ETFs may be bought or sold at any time during the day while the securities markets are open. Because ETFs are like individual securities and they are held in your own individual account, you don’t have to wait until the end of the day to purchase or sell a portion of your account. Additionally, since the securities in your account are held in your name, they are owned by you. Thus, unlike a mutual fund, you won’t have to be responsible for taxes when someone else sells their shares.
Your account is transparent; there are no hidden fees. iSectors charges from 0.30% – 0.50% annually for our investment management services, which is our only source of compensation for our services. iSectors does not participate in any revenue sharing arrangements with other providers. Other providers will assess fees for their services, including platform services, custody and trading, advisor and/or broker dealer fees. These fees are normally asset-based or flat-fees, and there are no additional commissions or other hidden marketing charges assessed on your account. Before making any investment, you should review the investment proposal and other disclosure documents provided by your advisor for information about the specific fees that would apply to your particular account.
* Note – some custodians will assess an account closing fee. 401(k) plan accounts are subject to account administration costs that may be assessed by a record keeper or third party administrator.