NEW YORK ( TheStreet) -- Folio Investing, an online broker, has been crowing about its target-date retirement portfolios. Folio says that most of its portfolios have outperformed competitors by wide margins. According to Morningstar, the average 2020 target-date mutual fund returned 1.3% annually during the past three years. In comparison, Folio says that its conservative 2020 portfolio returned 3.4%. Folio attributes the success to a bold strategy that ignores traditional rules for diversification and asset allocation.The Folio investments are not mutual funds. Instead, they are baskets of ETFs. To invest in one of the Folio target-date portfolios, you must open a brokerage account at the company. Retail investors can maintain an account for a flat annual fee of $290.
Folio's Non-Traditional Diversification in Focus
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.