A startup's promising to let Main Street invest like a hedge fund. We checked it out, and it's beating the market so far this year

The investing app Titan promises to provide a low-cost service that lets ordinary traders invest like a hedge-fund client.

After users open an account and deposit money, Titan automatically invests their capital in a basket of 20 stocks. And just like some hedge funds, the app doesn't only go long stocks. It has a hedging function that uses a portion of its clients' capital to bet against the benchmark S&P 500 during downturns, like duringAccording to Titan's website, its strategy was down 7.5% from launch in February 2018 through the end of the year, versus a 6.1% drop in the S&P 500. Through the first two months of 2019, Titan's portfolio is up 15.7%, versus an 11.5% increase in the S&P 500.

Titan requires users to deposit at least $500 to gain access to its research and other services. It charges a 1% annual advisory fee, but no performance fee. By comparison, many passive exchange-traded funds in the US charge

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Wall Street thinks the $1 billion market CBD could explode to $16 billion by 2025In a new report, analysts at the investment bank Cowen highlight a marijuana and hemp compound called CBD as a massive opportunity for growth. I hope so since I invested ! SamirMustafic20
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »