On this episode:
Demonetization of old products is occurring because of exponential technologies. Certain investments are trending the same way. Listen to Ric Edelman explain why it’s critical that you position your portfolio on the right side of this trend.
These callers are prerecorded and prescreened.
An index is a portfolio of specific securities (common examples are the S&P, DJIA, NASDAQ), the performance of which is often used as a benchmark in judging the relative performance of certain asset classes. Indexes are unmanaged portfolios and investors cannot invest directly in an index. Past performance does not guarantee future results.
This material was prepared for informational and/or educational purposes only. Neither Financial Engines Advisors L.L.C (also referred to as Edelman Financial Engines) nor its affiliates offer tax or legal advice. Be sure to consult with a qualified tax or legal professional regarding the best options for your particular circumstances.
U.S. News evaluated 30 Miscellaneous Sector ETFs, excluding funds using leveraged or inverse strategies and actively managed funds. 9 made their Best Fit list. The Best Fit methodology is divided into two components; how the Best Fit ETFs are selected and how funds are compared and ranked. Best Fits ETFs are selected based on U.S. News’ analysis of a fund’s longevity, meaning with at least one-year trading history and at least $100 million in AUM, size, and appropriateness for a traditional asset allocation plan. Best Fit funds are ranked by an overall score calculate from four component measures: a fund’s expense ratio, tracking error, bid/ask ratio, and diversification. For each component measure, funds receive a score between 0 and 100, based on their performance on that measure in comparison to other funds. The four component scores are then weighted (see below) to create an overall score, which defines a fund's rank within its category.