At Icon, we carefully craft our portfolios using exchange-traded funds (ETFs) from trusted investment management companies. An ETF is an investment fund that can be bought and sold on stock exchanges, just like individual stocks. It aims to mirror the performance of a particular index, sector, commodity, or asset class. ETFs provide investors with the opportunity to access a diversified portfolio of assets in a single trade. They offer flexibility, liquidity, and transparency, making them attractive investment options.
When you start saving in Icon, you'll first take a simple risk assessment, then choose from a managed portfolio that is designed to help you meet your goals. The average fund fees are 0.08% this is significantly less than the industry average of 1.13%. Icon does not charge investment fees, receives no sales commissions or other fees associated with the selection of funds.