While buying ETFs is easy, purchasing one of the 2VA ETFs can sometimes take an extra step.
ETFs are funds that trade on a stock exchange like a stock. They are an easy to use, low cost and tax efficient way to invest money and are widely available. They can be found in most online brokerage accounts and through financial advisors.
If you want to invest in a 2VA ETF:
1. Talk to your Financial Advisor about adding the 2VA ETFs to your portfolio
2. Purchase through any online brokerage account
You may experience problems investing in the 2VA ETFs if you have an advised account or if you use the services of a large bank. Many people invest using a Financial Advisor directed account at one of the major banks or “Platforms” (i.e., Bank of America, Wells Fargo, Morgan Stanley, etc.). You may not be able to easily invest in our ETFs as we may not be an approved product on many platforms. Typically, the lack of a 3-year track record prevents ETFs like ours from being approved on many platforms.
Are the 2VA ETFs not approved on certain platforms because they are risky investments?
The universe of securities that the 2VA ETFs invest in is a subset of the S&P 1500 and, as such, the securities are typically quite liquid. However, all investments involve some level of risk. Please read the prospectus for the 2VA Funds for a discussion of those risks.
How do I buy if 2VA is not approved by my bank?
• If you have E*TRADE or any other online brokerage you can immediately buy or sell our securities.
• If you wish to trade through your bank you will have to open a self-directed brokerage account in order to bypass the bank’s purchase restriction for their Financial Advisors.
• You can also provide a letter of instruction directing your bank to invest in the 2VA ETFs.
• The bank may reject the trade for the reasons mentioned above but generally if you direct them to buy it they will execute. They also may have you sign a release stating that you are aware we are deemed.