2009 Press Releases

New AlphaClone Berkshire and Tiger Cubs Folios From Folio Investing


McLean, Virginia and San Francisco, California – Folio Investing and AlphaClone announce today that they have teamed together to offer portfolios based on ideas from some of today’s top fund managers—the AlphaClone Berkshire Folio and the AlphaClone Tiger Cubs Folio. Folio Investing is an online brokerage and investment services provider that enables investors to create custom investment portfolios (Folios) that are diversified like mutual funds but are personalized, tax efficient, and cost less. AlphaClone is a new and innovative investor service that makes it simple for investors to research and benefit from the winning stock ideas of the world’s top fund managers. These new Folios combine AlphaClone’s replicated top investor portfolios with Folio Investing’s low cost portfolio management system. Investors are also empowered to take full advantage of AlphaClone’s research. The new Folios are available to all investors at folioinvesting.com.

“Today’s investors are savvy but have very limited access to top hedge funds and institutional money managers. With AlphaClone, users can leverage the collective intelligence of the best professionals to manage their own investments,” said Mazin Jadallah, founder and CEO of AlphaClone. “Our proven investment research approach yields top investor stock portfolios that have multiple holdings and that rebalance each quarter. By integrating with the Folio Investing platform, investors can now buy and rebalance cloned portfolios in a single transaction for a low fixed cost, instead of making many individual trades, thus making the entire process simple and affordable.”

The patented Folio Investing system enables individuals to invest in dollar amounts with no minimum investment, and it allows them to buy and sell fractions of shares. Investors can buy an entire portfolio of securities at once, and have any dollar amount automatically distributed at the proper percentage weights across all of the stocks in the portfolio. The AlphaClone Berkshire and Tiger Cubs Folios will be updated quarterly. With one click portfolio updates, Folio Investing makes investing in these cloned portfolios fast and easy.

“We are very pleased that AlphaClone has chosen the Folio Investing online investing service to empower investors to put their smart money portfolio strategies into practice,” said Blaine McLaughlin, Vice President. “Folio Investing brings unique capabilities and pricing to portfolio-based investing that make it much easier and less expensive to invest in the AlphaClone portfolios. We look forward to adding more such Folios over time.”

About Folio Investing

Folio Investing, a division of FOLIOfn Investments, Inc., is an online brokerage that enables investors to manage stocks, ETFs, and mutual funds as integrated investment portfolios called “Folios” that deliver better control, greater transparency, and lower cost. Investors can create their own Folios, much like creating personalized ETFs or mutual funds, or invest in over 100 Ready-to-Go Folios representing market indices, sectors, geographical regions, target dates, and more. The Folio Unlimited Plan features unlimited commission-free trading in twice-daily windows for only $29 a month or $290 a year. Ready-to-Go Folios can be managed or unmanaged, are not registered investment companies, and are offered by FOLIOfn Investments, Inc., a registered broker-dealer. FOLIOfn Investments, Inc. does not provide investment, tax, or legal advice. FOLIOfn Investments, Inc., is a member of FINRA/SIPC.

About AlphaClone

AlphaClone (http://alphaclone.com) is the first professional grade web-based equities research service that lets investors find, back test and track the stock ideas of top money managers. Through a process called “cloning,” AlphaClone simulates investing in smart money stock ideas at the time they are made public. Easy-to-use, powerful and flexible, AlphaClone is designed for both individual and professional investors who want to know what the smart money is doing and more importantly how they can benefit from that knowledge. Based in San Francisco, AlphaClone was founded by Mazin Jadallah, an active investor and Mebane Faber, a professional portfolio manager.