Products September 10, 2008

EMA Launches 403(b) Program Offering ETF Managed Accounts

Efficient Market Advisors, LLC (EMA), an exchange-traded fund (ETF) separate account manager, announced the launch of what it says is the first 403(b) program offering professionally managed portfolios of ETFs.
Reported by

According to a press release, key features of the Efficient 403b include:

  • no individual transaction charges
  • low-cost ETFs and low asset-based management fees
  • online performance and asset allocation reporting
  • target-date portfolios.

EMA formed an alliance with FOLIOfn Institutional to provide trading, clearing, and custody for the Efficient 403b.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

More information is available at www.efficient403b.com.

«