Ally Invest announced a set of more than 100 commission-free exchange-traded funds (ETFs) available now to customers through its online trading platform.
Ally Invest offers all WisdomTree ETFs commission-free, as well as a number of other commission-free funds, including ones focused specifically on the environmental, social and governance sector.
“ETFs are investment funds traded on stock exchanges, much like stocks, that appeal to all types of investors — from passive investors who want to diversify their portfolios to more active investors who are looking to use sector or specialty funds to gain more exposure to a particular segment of the market,” said David Dusseault, executive director of Ally Invest. “We’re proud to introduce commission-free ETFs from some of the industry’s most innovative and admired providers and give our customers even more choice when it comes to their investing preferences.”
WisdomTree offers a full range of ETFs covering domestic, international and global equities, fixed income, currencies, commodities and alternative strategies. The company pioneered the concept of fundamentally weighted ETFs and active ETFs.
In addition to the WisdomTree ETFs, more than 30 iShares® ETFs from BlackRock are offered by Ally. Common themes for socially-responsible funds include investments in companies engaged in social justice, environmental sustainability and alternative energy/clean technology efforts.
