November 25, 2019
This weekend we launched a redesigned website with some important changes. Let me first describe the changes and then discuss the motivation behind making them.
Lower Fees and Account Minimums
- We’re reducing our wrap (all-in) fee for managed accounts from the previous maximum of 1.5% annually to a 1% annual flat fee. All current managed account clients will automatically be moved to the lower fee effective the beginning of the next billing cycle (Jan 1, 2020).
- We’re also reducing the minimum investment required to open an account to $50,000.
AlphaClone SmartPilot
- We’re rebranding our AlphaClone Select strategy as AlphaClone SmartPilot. The new name reflects the fact that our strategies are both intelligent and autonomous.
- AlphaClone SmartPilot will be available in two versions; hedged or long only.
My motivation behind the changes is to continue to make it as easy and affordable as possible for investors to access the best we have to offer. The Clone Score methodology that has driven SmartPilot’s performance over the past nine years has been battle tested in some of the most challenging market environments on record for alpha-seeking strategies.
The redesign and changes reflect nearly a decade of experience and learning. AlphaClone has pivoted from a research service, to an investment firm, to an index provider and ETF sponsor but my personal mission has never changed – to help you be a better investor.
I hope you’ll agree that the changes make AlphaClone’s website more user friendly and our strategies more accessible and understandable. For a deeper dive, please have a look at the SmartPilot FAQs. As always, don’t hesitate to reach out to me if you have questions.
Sincerely,
Maz Jadallah
Founder & CEO
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