New products and changes introduced over the last week include an ETF focused on 3D printing from ARK Investment Management; a tax-advantaged investing solution from Jefferson National and Cetera Financial Group; and a compliance-supported social media platform from Gainfully for advisors at broker-dealer Lincoln Investment.
Also, Reverse Mortgage Funding launched an online educational platform for financial advisors, and Macroaxis released a new version of its portfolio optimization engine.
Here are the latest developments of interest to advisors:
1) ARK Investment Management Launches 3D Printing ETF
ARK Investment Management LLC has launched the 3D Printing ETF (PRNT), which is focused solely on the 3D printing ecosystem.
PRNT, with an expense ratio of 0.66%, tracks the Total 3D-Printing Index, which includes companies that are worldwide leaders in 3D printing and related businesses, such as computer-aided design and simulation software, service centers, scanning and measurement and materials. Fund holdings are driven by ARK’s original research and span sectors, industries, and market caps.
ARK expects 3D printing will revolutionize manufacturing by collapsing the time between design and production, reducing costs, and providing greater design complexity, accuracy and customization. It says 3D printing has the potential to transform every sector of the economy.
2) Jefferson National, Cetera Financial Group Partner on Investing Solution
Jefferson National and Cetera Financial Group partnered to provide the former’s tax-advantaged investing solution to Cetera’s member firms.
Jefferson National’s Monument Advisor, on an open-architecture investment solutions platform, is a flat-fee investment-only variable annuity (IOVA) that offers nearly 380 investment options, including more than 70 alternatives. It also uses strategies such as those favored by hedge funds and institutional investors.
3) Lincoln Investment Chooses Gainfully on Social Media