“We achieved the $10M AUM milestone in eight months, which is remarkable for an inaugural ETF from a start up firm. We attribute our success to our investment philosophy and approach, our product position in a crowded industry and to our growing adoption among financial advisors and individual investors as a low cost, globally diversified ETF,” states Paul Hrabal, Chief Investment Officer for One Fund®.
U.S. One, Inc. advocates a passive index-based approach to global investing. “We do not believe anyone can successfully pick winning stocks, winning sectors or winning geographies over the long haul. Our firm instead focuses on buying the entire market worldwide at the lowest possible cost to achieve a shareholder return that closely tracks the global market,” comments Hrabal. In a recent study, just 0.6% of stock picking mutual funds beat the market over a 32 year period.
The ETF market making community has also been instrumental to the Fund’s success. Unlike some new ETFs that have launched recently, One Fund® has consistently traded very close to its underlying value. This has reduced the transaction costs for shareholders buying and selling One Fund® shares. An industry publication recently commented, “In general, One Fund® has been quite effective in keeping the deviation of the (Fund’s) market price to NAV down to a minimum, especially relative to other active ETF peers.”
U.S. One, Inc. is an SEC-registered investment advisory firm with a mission which strives to improve the results for individual investors through information and products that hold true to the time honored conservative principles of buy-and-hold, low cost index investing. The firm is an active participant in industry trade and professional associations and will be participating in the upcoming Inside ETFs Conference hosted by Index Universe.