As a member of our platform, investors will have access to the full universe of mutual funds from fund families*, such as Dimensional, PIMCO, American Funds, T. Rowe Price, TIAA, and Versus Capital. This also includes the growing area of “Interval” mutual funds from fund families, such as Stone Ridge, Amundi Pioneer, PIMCO, etc. This is in addition to always increasing number of ETFs, stocks, and bonds. As you can see by the below table, platform members can benefit by improved performance as a result of lower expense ratios associated with institutional class funds:
| Fund Name | Ticker | Expense Ratio | 2019 Performance |
|---|---|---|---|
| PIMCO Total Return – Institutional | PTTRX | 0.46% | 8.26% |
| PIMCO Total Return – Retail | PTRRX | 1.05% | 7.62% |
| T. Rowe Price Blue Chip Growth – Institutional | TBCIX | 0.56% | 30.13% |
| T. Rowe Price Blue Chip Growth – Investor | TRBCX | 0.69% | 29.97% |
| TIAA-CREF Quant Small/Mid Equity – Institutional | TSMWX | 0.50% | 29.95% |
| TIAA-CREF Quant Small/Mid Equity – Retail | TSMEX | 0.88% | 29.40% |
If a client currently has accounts with Schwab, Fidelity, or TD Ameritrade, the accounts would be upgraded to “institutional” accounts at Schwab Institutional, Fidelity Institutional, and TD Ameritrade Institutional, respectively.
In addition to accessing these funds directly, investors will also have the option of utilizing our TAMP (Turnkey Asset Management Program) platform to implement and manage these funds in a systematic and efficient manner.
*Currently only Vanguard “Admiral” share class is available, as Vanguard’s Institutional share class is reserved for true institutions, such as endowments and pensions.