Menu

Updated

Is there an additional fee for Risk Parity?

Risk Parity will increase the weighted average annual expense ratio of your portfolio by about 0.08% annually. This reflects a reduction of your existing ETFs in your investment mix and the addition of Wealthfront’s Risk Parity mutual fund, which has an expense ratio of 0.50%.  The allocation to Wealthfront ‘s Risk Parity mutual fund will not be greater than 20% of your portfolio. There is no change to Wealthfront’s 0.25% annual advisory fee.

Was this article helpful?

The Wealthfront Risk Parity Fund (the “Fund”) is managed by WFAS LLC, a registered investment adviser and a wholly owned subsidiary of Wealthfront, Inc. WFAS LLC receives an annual management fee equal to 0.50% of the Fund’s average daily net assets. Northern Lights Distributors LLC a member FINRA/ SIPC serves as the principal distributor for the Fund.

Before investing in the Wealthfront Risk Parity Fund, you should carefully consider the Fund's investment objectives, risks, fees and expenses. This and other information can be found in the Fund’s prospectus. Please read the fund prospectus or summary prospectus carefully before investing. In order to add the Wealthfront Risk Parity Fund, we must rebalance your portfolio. As part of this process, if we sell positions at a gain, and you do not have sufficient harvested losses to offset those gains, you’ll pay taxes on the net gain.

There is no guarantee that any investment will achieve its objectives, generate positive returns, or avoid losses.

3142-NLD-2/1/2018