May 9, 2023: eToro, the trading and investing platform, today announced the launch of InsuranceWorld, a portfolio offering retail investors long-term exposure to the insurance sector.
Whilst eToro users can already trade and invest in more than 100 insurance companies on the platform, the new portfolio will simplify the process of gaining diversified exposure across the sector.
“Shares of insurance companies can be a valuable addition to an investment portfolio due to the stable nature of the industry and coverage across a multitude of sectors. The industry has shown itself to be more resilient than others when it comes to economic and market volatility, making it a worthwhile defensive investment play,” explained Dani Brinker, Head of Investment Portfolios at eToro.
“This new portfolio offers users a carefully selected mix of top-performing insurance companies, giving them the opportunity to invest in a growing and steady industry that is expected to reach a market size of $8.3 trillion by 2026.”
To create the portfolio, eToro’s team of investment experts handpicked the leading 35 insurance companies across the Americas, Europe and Asia-Pacific (full list here), taking into consideration several factors, including market capitalization, liquidity parameters, analyst ratings and coverage. The portfolio will be rebalanced on an annual basis.
InsuranceWorld is a new addition to eToro’s existing offering of portfolios, which already provides exposure to traditional financial sectors such as Private Equity, The Big Banks, Real Estate Trusts. eToro’s Smart Portfolios offer investors exposure to various market themes. Bundling together several assets under a defined methodology, and employing a passive investment approach, eToro’s Smart Portfolios are long-term investment solutions that offer diversified exposure with no management fees.
Initial investment starts from USD$500 and investors can access tools and charts to track the portfolio’s performance, while eToro’s social feed will keep them up-to-date on developments in the sector. For now, this portfolio is not available to US users.
**ENDS**
Notes to editors:
For now, this portfolio is not available to US users.
Media contacts
About eToro
eToro is a trading and investment platform that empowers people to grow their knowledge and wealth as part of a global community of investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of more than 31 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.
Disclaimers:
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
eToro is regulated in Europe by the Cyprus Securities and Exchange Commission, authorised and regulated by the Financial Conduct Authority in the UK, by the Australian Securities and Investments Commission in Australia and licensed by the Financial Services Authority in the Seychelles.
EU AND UK:
Copy Trading does not amount to investment advice. Your investments value may go up or down. Your capital is at risk.
AUSTRALIA:
eToro AUS Capital Limited ACN 612 791 803 AFSL 491139. Smart Portfolios are not exchange-traded funds or hedge funds and are not tailored to your specific objectives, financial situations and needs. Your capital is at risk. See PDS and TMD.
This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.