What is the management fee?
Generated Asset accounts have an annual management fee of 49 basis points (0.49%), which is accrued daily and charged monthly from the cash balance in the Generated Assets account.
What is the minimum investment?
There is a minimum of $1,000 to open a Generated Assets account.
However, the specific minimum for your portfolio will depend on the number of stocks you choose to include and the composition of the account. The system calculates the minimum required to ensure that the smallest position in your portfolio is at least $5.00. Therefore, a portfolio with more stocks will have a higher minimum investment.
All content in this article is for illustrative and informational purposes only. It should not be construed as investment advice or a recommendation of any particular security or strategy. Generated Assets (“GenA”) is an AI-powered interactive analysis tool that allows you to screen for securities based on objective criteria entered through a natural language interface. Output from GenA is generated at your direction and is intended for general informational purposes only. Output should not be considered individualized investment advice or recommendations.
Public Advisors does not guarantee the accuracy, completeness, relevance, or timeliness of
such output and will not be responsible for any losses that may result from your reliance on such information. See additional disclosures. You are solely responsible for deciding whether to invest in the GenA portfolio you have constructed. Before investing, please consider whether it is suitable for you based on your investment objectives, risk tolerance, and other individual factors. If you elect to invest, then investment advisory services for your account will be provided by Public Advisors LLC (“Public Advisors”), an SEC-registered investment adviser, and brokerage services will be provided by Open to the Public Investing, Inc. (“Public Investing”), member FINRA / SIPC.
Public Advisors and Public Investing are affiliates, and both charge fees for their respective services. For more details, see Public Advisors’ Firm Brochure, Form CRS, and Fee Schedule. Backtests are an interactive analysis tool from Generated Assets that calculates how your specific selection of securities would have performed historically. Returns displayed by the backtest are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. Results may vary with each use and over time. For comparison purposes, the backtest may display performance of a benchmark index over the same time period. Benchmark indices are unmanaged, it is not possible to invest directly in a benchmark index, and returns for benchmark indices do not account for fees. See additional disclosures.