Amerivest Investment Management has launched five pre-constructed diversified portfolios, built only from exchange-traded funds (ETFs). The investment advisor of TD Ameritrade has added the funds to its current range of managed portfolios.
The portfolios have been constructed based on the objective recommendations of Morningstar Associates. Amerivest offers five diversified asset allocation models, conservative, stable, balanced, growth and aggressive growth, each built with the investor’s choice of either mutual funds or ETFs.
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