U.S. One launches ‘One Fund’

Aimed at investors who want an easy way to own a globally diversified stock portfolio in a single fund, U.S. One has launched ‘One Fund’, its inaugural ETF.

The fund, which began trading today on the NYSE (ONEF), consolidates multiple, growth-oriented stock investments into the portfolio.

By investing in ‘One Fund’, U.S. One says investors have the potential to gain exposure to more than 5,000 different companies in the U.S. and around the world.

The management fee is 0.51%, which is roughly 60% lower than the fee an average actively managed stock mutual fund will charge investors and below the 0.57% management fee of the average ETF. ETFs are, however, subject to commission cost.