The market has been in turmoil recently and investors have been waiting for an answer to what the future holds.
A new fund that is offering equity exposure to index funds is hoping to get investors on board.
The company, called IndexFund, has raised $1.8 million in a new round of funding from Accel Partners and others.
The fund aims to help small investors access equity and bond-like exposure to the stocks that matter to them.
“The idea behind IndexFund is to provide investors with access to stock indexes without the expense of a bond index fund,” said CEO of IndexFund Anil Kumar.
“IndexFund is one of the most scalable, cost-effective and scalable equity exposure options available.”
The market has witnessed a huge rally since the election, with stocks having seen an impressive rise.
There has been a lot of interest in investing in stock indices.
There are some investors who are already looking into index funds.
But if you are not a regular investor, it can be difficult to get a handle on what a stock index fund can do for you.
“According to Mr Kumar, it is a simple matter to use a simple algorithm to rank a stock on an index.
If you are an investor who has a large amount of time and is looking for a specific stock, then you will not find much that fits your needs.
So, the IndexFund team aims to provide a platform that provides the investor the opportunity to buy stocks from the top of the market and also stocks that are trending in the right direction.”
Mr Kumar says that there are a number of companies that have made it their business to offer equity exposure.
For example, in March 2017, BHP Billiton was in the news for raising $US3.5 billion to invest in its mining business.
This investment had been approved by a regulatory body, and was subsequently approved by the Australian Securities and Investments Commission.
There is also an investor fund that provides equity exposure for some companies.
“There are also other companies that are offering some of their equity to a number.
So we think it is just about time we get more investors onboard,” Mr Kumar said.”
Our goal is to help index fund investors to get access to the equity and bonds markets.
We think there is a lot that is missing from these markets and that is why we need to create an index fund that helps these investors to access the stock market.”
The IndexFund website also features a wealth management tool.
For instance, the site offers users access to an investment guide for stocks, bonds and index funds from a number, including Vanguard, BlackRock and Citi.
“In the past, we have focused on companies that offer an investment vehicle where you can see a portfolio of companies in different segments,” Mr Krantz said.
“But that has not always been the case.
The focus on investing in stocks has moved to bonds and equity funds.
That is where we want to be.”
For now, IndexFund says that the company has been able to offer exposure to about 70 of the largest 500 companies on the ASX, including the Australian dollar, British pound, US treasury, Japanese yen and Swiss franc.