MaxFunds.com of Ann Arbor, Mich., a website that tracks small and new mutual funds, has launched 12 portfolios of securities that will be managed by investment professionals whose investment decisions will be available to consumers for a $2 monthly fee, said Jim Atkinson, president of MaxFunds.com.

The portfolios will be assembled and managed by MaxFunds.com and outside third parties and any changes a manager makes in the portfolio will be relayed via e-mail to investors in that particular portfolio, Atkinson said.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.