U.S. One, Inc. Launches One Fund(R) Global Stock ETF
RENO, Nev., May 11 /PRNewswire-FirstCall/ -- U.S. One, Inc. launched its inaugural exchange-traded fund, One Fund®, designed specifically for investors seeking a tax efficient, low cost stock ETF. Trading began today (NYSE: ONEF). One Fund® is aimed at the individual investor who wants a simple and easy way to own a globally diversified, professionally managed stock portfolio in a single fund.
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The Fund's approach simplifies the investment process by consolidating multiple, growth-oriented stock investments into the portfolio of One Fund®. For investors seeking long term growth of their money, they can purchase One Fund® and be done.
One Fund® invests in a broad range of stocks, across many industry segments, in both established and emerging markets. The Fund invests in underlying ETFs based on their ability to accurately represent the desired target market segment with an additional preference for those ETFs with low expense ratios. By investing in One Fund®, investors have the potential to gain exposure to more than 5,000 different companies in the U.S. and around the world.
One Fund® Cost Structure
The management fee for One Fund® is 0.51%, which is roughly 60% lower than the fee an average actively managed stock mutual fund will charge investors and below the 0.57% management fee of the average ETF.(1) ETFs are, however, subject to commission cost.
One Fund® Marketing and Sales Approach
U.S. One, Inc. will be the first ETF issuer to market directly to investors primarily through online channels. The Fund's website, coupled with innovative online marketing strategies, will provide more information, education and opportunity for engagement with investors than those of typical fund companies.
About U.S. One, Inc.
U.S. One, Inc. is an SEC registered investment advisory firm with a mission which strives to improve the results for individual investors through information and products that hold true to the time honored conservative principles of buy-and-hold, low cost index investing.
U.S. One, Inc. is led by President Paul Hrabal, a 20 year veteran of financial management and business development in emerging markets, online marketing and quantitative data analysis.
For more information about One Fund®, visit http://www.onefund.com or call 866-ONE-FUND (866-663-3863). Direct media inquiries to Jane Holman at [email protected] and at 866-ONE-FUND (866-663-3863), ext. 465.
Disclosure
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus. Please read the prospectus carefully before you invest.
An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Other Fund risks include asset allocation risk, foreign securities and currency risk, emerging markets risk, small-cap, mid-cap and large-cap risk, trading risk, and turnover risk that can increase Fund expenses and may decrease Fund performance. The Fund is also subject to the risks, which can result in higher volatility, associated with the underlying ETFs that comprise this "fund of funds". Newly organized, actively managed Funds have no trading history and there can be no assurance that active trading markets will be developed or maintained. Brokerage costs will reduce returns. When the Fund invests in Underlying ETFs, in addition to directly bearing the expenses associated with its own operations, it will bear a pro rata portion of the Underlying ETFs' expenses (including operating costs and management fees). Consequently, an investment in the Fund entails more direct and indirect expenses than a direct investment in the underlying ETF.
One Fund® is distributed by Foreside Fund Services, LLC.
(1) Morningstar data, 12/31/09, 1.34% expense ratio for the average actively managed mutual stock fund.
SOURCE U.S. One, Inc.
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