Tens of millions of people invest in index funds - meaning that tens of millions are paying the same exorbitant fees! Here's an estimate of the annual earnings of each of the most popular ETFs.
We gather all buy and sell orders and bulk submit them at the start of every week - the same way that index fund ETFs rebalance. It costs us just $175 per index per week, not $100M!
The same way that Blackrock and Schwab do. Did you think that expense ratios were the only way the giants make money? One of their top sources is asset lending.
Roughly 10% of assets will be lent out
Our custodian, Interactive Brokers, handles all asset lending activities
We will split securities lending revenue equally with Interactive Brokers
Long term, we want to share this revenue with you as well!
3 layers protect your assets. The FDIC, the SIPC, and Interactive Brokers (IBKR). All assets are stored with IBKR, a debt-free firm with over 45 years of Wall Street experience!
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