Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A New Fund Company Launches an ETF of ETFs Not Rated 5.0 Email Routing List Email & Route  Print Print
Friday, May 07, 2010

A New Fund Company Launches an ETF of ETFs

Reported by Daniel Tovrov

Reno, Nevada-based investment management start-up U.S. One Trust is gambling on exchange-traded funds. The company is launching its inaugural fund on Tuesday, after 27 months of work, company founder and chief investment officer Paul Hrabal told the MFWire.

The One Fund is a passively managed ETF of ETFs, which invests almost solely in passive index tracking exchange-traded funds, with a 70 percent allocation in domestic equities and 30 percent oversees. Hrabal also has plans to create a bond version of the fund in the future.

"I've always done a passive indexing approach. I was taught the John Bogle approach," said Hrabal, who is also the fund's portfolio manager.

The fund will have mostly Vanguard and iShares ETFs in its portfolio, and Hrabal said he's a big fan of the MSCI indices.

"I love the whole group [of MSCI ETFs] and how they divide the world. I chose the ones that had the best segmented tracking at the lowest cost," Hrabal added. "Our shareholders will get 95 percent of the world stock market for 51 basis points."

U.S. One designed the fund to appeal to the small, retail investor, specifically those investing less that $100,000. The One Fund will be marketed directly to retail investors and also sold through advisors.

"I wanted to build a fund that would be simple and diversified for 30 to 50 year old asset accumulators so they wouldn't have to diversify on their own," said Hrabal.

Hrabal founded the company is 2008. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2023: Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. 2023 MMI Summit, Mar 29-30
  2. MFDF Director Discussion Series - Open Forum via Zoom, March 29
  3. 34th Sub-Advised Funds Forum, Apr 3-4
  4. MFDF webinar - Impact of Market Performance on 2022 Annual Investment Firm Profitability and Economies of Scale, April 5
  5. MFDF - ESG Oversight: The Fundamentals in an Evolving Space for Fund Boards, April 12
  6. MFDF webinar - Interval and Tender Offer Funds: An Introduction For Fund Boards, April 18
  7. Investing With Impact - a WE Southern California and San Diego CFA Society joint event, April 18
  8. WE San Francisco: "Are E.S.G. Three Triggering Letters" panel discussion & networking event, April 19
  9. MFDF Regulatory Impacts on Fund Boards, April 20
  10. Morningstar Investment Conference 2023, Apr 25-27
  11. IMEA Product & Distribution Council Summit, Apr 26-27
  12. Envestnet Summit 2023 - Elevate, Apr 26-27
  13. ETF.com Awards, May 2
  14. Expect Miracles 4.01K, May 6
  15. 2023 Sohn Investment Conference, May 9
  16. MFDF In Focus: Board Oversight Lessons from Former Fund Directors, May 9
  17. 2023 MMI Emerging Asset Managers Forum, May 11-12
  18. Expect Miracles Distance Challenge, May 15-21
  19. 2023 MMI Gateway Foundation Opening Doors Impact Night, May 16
  20. WE US - breakfast at InsideETFs, May 22
  21. MFDF Director Discussion Series - Open Forum (Columbus, OH), June 1
  22. Miracle Maker Impact Celebration, June 1
  23. MFDF webinar - Latest Updates In Mutual Fund Litigation and Enforcement, June 6
  24. Expect Miracles East Coast Classic, June 8
  25. 2023 MMI Alternative Investments Forum, June 13
  26. Nicsa Fearless Leadership Symposium, June 14




©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use