Interactive Brokers expands funds offering
Electronic trading major Interactive Brokers has made new funds and fund families available at the Mutual Funds Marketplace.
To help provide its clients with a broad selection of funds, the broker has recently added the following fund families to the Marketplace:
- A&G Fondos SGIIC (LU)
- BNY Mellon IM (IE)
- Cybele Asset Management
- DWS Investment (LU)
- HSBC Global (LU)
- Baillie Gifford Funds
- Decathlon Funds
- Glenmede Funds
- Marathon Value Portfolio
- Spectrum Funds
- Spruce Brook Funds
- Symmetry Partners Funds
The Interactive Brokers Mutual Funds Marketplace provides clients from over 200 countries and territories with access to nearly 48,000 funds from over 540 fund families, including Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS and PIMCO.
Unlike most firms, IBKR does not charge a custody fee. In addition, Interactive Brokers offers over 18,000 funds with no transaction fees and low, transparent commissions. Inside the US, commissions are the lesser of USD 14.95 or 3% of trade value, while fee funds outside the US are EUR 4.95 (or equivalent).