XTF Offers ETFs Designed for 401(k)s

XTF Advisors, which specializes in exchange-traded funds, has launched nine funds-of-funds that will invest in ETFs and that are specifically designed for the 401(k) market.

The lineup includes three asset allocation portfolios ranging from conservative to moderate to aggressive; four target-date funds with retirement dates ranging from 2010 to 2040, a country rotation portfolio and a sector rotation portfolio.

Although they are designed for 401(k) plans, they will also be available to financial advisers.

“The retirement market is something that can benefit greatly from the low fees, transparency and stability that ETFs offer, and providing our portfolios to plan managers is the next step in our evolution and that of the ETF industry,” said Michael Woods, chief executive officer of XTF.

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