ShareOwner's Model Portfolio Service
Honoured at Morningstar Awards
Published Thursday, November 27, 2014
TORONTO, November 27, 2014 /CNW/ - Canadian ShareOwner Investments Inc.
("ShareOwner" )was awarded the Best Use of Technology award at the 20th annual
Morningstar Awards, held last night in Toronto. The awards recognize individuals and
companies that Morningstar believes have made a difference in the lives of investors
through superior investment products and service.
The Best Use of Technology award is presented to an organization for effective and
innovative use of technology in an industry-relevant application.
ShareOwner took top honours in this category after the introduction of its Model
Portfolio Service, an innovative and personalized service that helps retail
investors build and manage a globally diversified portfolio of ETFs. The first
service of its kind in Canada, ShareOwner's Model Portfolio Service provides
investors with a systematic approach to managing their investment portfolio that
saves time and money by combining low cost index ETFs with optimal asset allocation
and automated trade execution and portfolio rebalancing.
The new service was recognized for innovation, effectiveness and presentation of
technology. The technology was judged to be easy-to-use, intuitive and efficient
– delivering an enhanced portfolio management experience for retail investors.
"We are excited to have been recognized in this category," said Bruce
Seago, CEO of ShareOwner. "We are committed to using technology to lower the
cost and to simplify the portfolio management process for investors interested in
managing a well-diversified portfolio of index funds."
ShareOwner's Model Portfolio Service is highly automated so that all contributions
and dividends are automatically invested in the ETFs in the investor's portfolio,
including fractional shares. Furthermore, as the value of the portfolio's
investments change, ShareOwner's system will automatically review and rebalance the
portfolio to ensure that each fund remains in balance with its target allocation.
Morningstar Awards 2014(c). Morningstar, Inc. All Rights Reserved. Awarded to
Canadian ShareOwner Investments Inc. for Best Use of Technology, Canada.
About Canadian ShareOwner Investments Inc. (www.shareowner.com)
Canadian ShareOwner Investments Inc., headquartered in Toronto, has been providing
online investors with an easy and affordable way to build a well-diversified
portfolio since 1987. ShareOwner provides ETF model portfolios and full dividend
reinvestment plans, including fractional shares, for more than 500 Canadian and US
Stocks and ETFs. .
Canadian ShareOwner Investments Inc. a member of the Investment Industry Regulatory
Organization of Canada and the Canadian Investor Protection Fund.
SOURCE Canadian ShareOwner Investments Inc.
For further information:
Bruce Seago, CEO, 416.848.9402, firstname.lastname@example.org
This article was originally published here