Interactive Brokers adds new fund families to Mutual Funds Marketplace
Electronic trading major Interactive Brokers continues to expand its offering. The company has made new funds and fund families available at the Mutual Funds Marketplace.
Interactive Brokers has recently added the following fund families to the Marketplace:
- Global Fund Families: Alliance Bernstein (LU); Allianz Global; Amundi Lux; Bank Vontobel; BlackRock (LU); Colchester Global; Invesco Global; Lombard Odier; Natixis; Neuberger Berman; Europe; Pictet Asset Management; PIMCO Global Advisors Europe; Robeco, and Vanguard.
- US Fund Families: Advisors Preferred; Harvest Funds; Huber Capital Funds; JOHCM Funds; Johnson Funds; Lazard Funds; Longleaf Partners; Northern Funds; Pacific Life Funds; PFG Funds; Polen Funds; Putnam Funds; RiverPark Funds, and Spyglass Funds.
The Interactive Brokers Mutual Fund Marketplace provides clients around the world with a large availability of funds at low cost. The Marketplace offers access to more than 36,000 no-load funds from over 380 fund families, can be accessed by clients from over 200 countries and territories and includes many prominent fund families, such as funds from Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS and PIMCO.
Unlike most firms, Interactive Brokers never charges a custody fee. Over 8,300 funds are available with no transaction fees, with fee funds outside the US charging EUR 4.95 (or equivalent).
The Marketplace is fund-agnostic – there is no conflict of interest as we don’t offer proprietary funds.
Fund value is included in equity with loan value to increase client margin buying power.
Interactive Brokers’ clients can use the Mutual Fund Inventory Search Tool to identify funds by country of residence, commission charged, fund type or fund family.
Speaking of Interactive Brokers’ offering, let’s note that the company has made a raft of new trading products available through the IBKR platform. The new additions include CME Ether Cryptocurrency Futures (ETHUSDRR) and DTB Euro Stoxx Banks Index Dividend Futures (DBEA).