7 Actively Managed all ETF Collective Investment Trusts sponsored by Hand Benefits & Trust and managed by Vanguard
Portfolios suited to participant’s needs and risk tolerance - Hand Benefits & Trust acting as Discretionary Trustee for the funds in its Collective Trusts
Designed with a focus on meeting the needs of the plan participant, The ETF 401(k) Solution program provides each employee with the opportunity to receive educational investment information from an experienced financial advisor at no additional cost.
An exchange traded fund (ETF) is a basket of securities that trade on an exchange just like a stock does. ETFs can contain all types of investments including stocks, commodities, or bonds; some offer U.S.-only holdings, while others are international.
The price of an ETF’s shares will change throughout the trading day as the shares are bought and sold on the market. ETF share prices fluctuate all day as the ETF is bought and sold; this is different from mutual funds that only trade once a day after the market closes. Additionally, ETFs tend to be more cost-effective and offer low expense ratios.
ETFs will fluctuate with changes in market conditions and may not be suitable for all investors. In many cases ETFs have lower expense rations than comparable index funds. However, since ETFs trade like stocks, they may be subject to brokerage fees and trading spreads. ETFs do not necessarily trade at the net asset values of their underlying holdings, meaning an ETF could potentially trade above or below the value of the underlying portfolio.