ETFs offer a compelling combination of benefits:

  Ideal Asset Allocation Tools: ETFs provide a complete set of tools to manage a global asset allocation strategy

  Simplicity: ETFs provide exposure to an entire asset class with a single security 

  Transparency: ETFs disclose their holdings on a daily basis, enabling precise management of exposures and risk

  Low Costs: ETFs' low expense ratios provide an opportunity to enhance net returns

  Tax Efficiency: Due to their unique structure, ETFs are among the most tax efficient securities

  Liquidity: ETFs combine stock-like liquidity with fund-like diversification, and are unencumbered by lock-ups or redemption fees 


Using ETFs, Agile Investments manages institutional-caliber, global asset allocation strategies. We employ the following types of ETFs in our portfolios:

Asset Class	ETF	Description
U.S. Stocks	Vanguard Dividend Appreciation (VIG)	140 "high quality" large-cap stocks with at least ten consecutive years of dividend increases
U.S. Bonds	Vanguard Short Term Corporate Bond (VCSH)	650 investment grade corporate bonds with 3 year average maturity
Foreign Stocks	Vanguard FTSE All-World Ex-U.S. (VEU)	2,200 foreign stocks from 40 countries (75% developed, 25% emerging)
Gold	SPDR Gold Shares (GLD)	Physical gold; hedge against monetary instability
Currencies	WisdomTree Dreyfus Emerging Currency (CEW)	Emerging country money markets; equally-weighted basket of 11 leading emerging currencies
Infrastructure	iShares Global Infrastructure (IGF)	75 global infrastructure stocks (e.g. utilities, transportation, pipelines); relatively high yields
Foreign Stocks	WisdomTree Emer Mkts Equity Income (DEM)	300 high dividend yielding emerging markets stocks
Ultrashort bonds	Pimco Enhanced Short Maturity (MINT)	Money market alternative; targeted 75 basis point yield advantage