XTF Putting ETFs in the 401k Plan
April 26th at 1:00pm by Tom Lydon
XTF Advisors are breaking into the 401(k) market with exchange traded funds (ETFs). The solution they have found to use ETFs in 401(k) plans is to introduce ETF-based mutual fund portfolios. The press release states the offering has 3 tactical asset allocation portfolios- conservative, moderate and aggressive; 4 target-date portfolios; a Country-Rotation Portfolio and a Sector-Rotation Portfolio.
XTF decided to launch these funds as demand for ETFs in 401(k) plans is growing and they can benefit from the low cost and transparency of ETFs. The demand for ETFs in 401(k) plans is growing and we will probably see more attempts to break into this market in the near future.
