Riskalyze Rolls Out Retirement Solutions: Portfolio Products

Riskalyze rolled out an end-to-end digital 401(k) experience built around its Risk Number: Riskalyze Retirement Solutions.

This new joint offering with digital retirement platform Vestwell is now fully available to Riskalyze advisors at no additional cost.

Riskalyze Retirement Solutions is a digital platform designed to make it easy and profitable for advisors to propose, onboard and serve 401(k) plans. Powered by Vestwell, the joint product uses the Risk Number to ensure plan participants achieve the proper asset allocation.

The technology was designed with the fiduciary standard in mind, allowing advisors to document their alignment and compliance, demonstrating that they are acting in the best interests of plan participants.   

“Through our joint platform, Riskalyze advisors will be able to create and manage retirement accounts quickly and painlessly, while meeting all compliance needs,” said Aaron Schumm, CEO at Vestwell, in a statement. “We’re excited that advisors can begin using this offering from Riskalyze to provide clients with a comprehensive, risk-oriented 401(k) solution.”

Riskalyze also announced several other enhancements to its risk alignment platform, including fee visibility, performance reporting solutions, and advanced lead generation.

Riskalyze also upgraded its account automation platform Autopilot. In Autopilot, advisors can now set Account Targets to set investment allocations without the use of models, and still keep those accounts on track with “One-Click Fiduciary” technology. Electronic Trading is also now available – using the FIX trading protocol or custodian-specific APIs to send trades to custodians seamlessly and quickly.

Metaurus Advisors Launches Two New ETFs

Metaurus Advisors launched two new exchange traded funds (ETFs) for investors seeking either dividend cash flow or equity market growth, each with a passive, index-based strategy.

Metaurus Advisors’ US Equity Cumulative Dividends Fund – Series 2027 (IDIV) provides income-oriented investors a low cost way to participate solely in the actual ordinary dividends of the companies in the S&P 500 Index without exposure to the price movements in the constituent index stocks. The fund, which tracks the Solactive U.S. Cumulative Dividends Index – Series 2027, intends to pay monthly dividends through 2027 based on the actual ordinary dividends paid by companies in the index during the previous month.

Metaurus Advisors’ US Equity Ex-Dividend Fund – Series 2027 (XDIV) provides long-term growth-oriented investors a way to participate in the growth potential of the companies in the S&P 500 Index at a reduced purchase price. XDIV, which tracks the Solactive U.S. Ex Dividends Index – Series 2027, does not use leverage. Instead, XDIV is designed to provide investors with full equity price exposure by being compensated up front at time of investment for the value of 10 years of projected dividends. Both funds are designed to liquidate in December 2027.

Franklin Templeton Adds Four Passive ETFs to Franklin LibertyShares Suite

Franklin Templeton Investments added four new passive ETFs to its Franklin LibertyShares lineup—Franklin FTSE India ETF (FLIN), Franklin FTSE Russia ETF (FLRU), Franklin FTSE Asia ex Japan ETF (FLAX) and Franklin FTSE Switzerland ETF (FLSW).

This expands its country and regional passive ETF suite to now include 20 funds.

FLIN, FLRU and FLAX all have expense ratios of 0.19%. FLSW has an expense ratio of 0.09%.

Like Franklin Templeton’s existing passive ETFs, the new ETFs are market cap-weighted and benchmarked to country and regional indices from FTSE Russell, leveraging the global index provider’s capabilities and expertise across developed and emerging markets.

BMO GAM Reduces Fees for Two U.S. Equity Funds

BMO Global Asset Management (BMO GAM) reduced advisory and total expense ratio cap fees for BMO Large-Cap Growth Fund and BMO Large-Cap Value Fund, effective Feb. 8.

BMO GAM reduced the advisory fees by 15 basis points – from 50 bps to 35 bps. BMO GAM also reduced the total expense ratio cap for all share classes by 21 basis points.

PhaseCapital Launches First Mutual Fund

PhaseCapital launched its first mutual fund offering, PhaseCapital Dynamic Multi-Asset Growth Fund (PHDIX).

The fund follows the firm’s existing strategy and primarily seeks to create long-term capital growth for advisors and their investors while at the same time providing protection for capital during periods of extreme market stress.

The PhaseCapital Dynamic Multi-Asset Growth Fund invests across global equity, commodities, government bond and corporate credit markets with its exposure to these assets achieved primarily through investments in financial futures, publicly-traded equity and fixed income securities.

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