The trading and investment platform eToro has announced the launch of six target-date investment portfolios in collaboration with Franklin Templeton, a renowned asset management company. These portfolios are designed to assist users in achieving financial goals through time-based strategies.
What are Target-Date Portfolios
Target-date portfolios are created to help investors work towards financial goals over a specific time horizon. The portfolios automatically adjust their asset allocation and resulting risk profile over the investment period.
Portfolio Strategy
eToro's Target Portfolios leverage Franklin Templeton's tactical asset allocation insights and consist of diversified ETFs across sectors and geographies. They target the years 2028, 2030, 2033, and 2035, respectively, automatically calibrating the weights of equity and fixed-income allocations based on the remaining timeframe until the target date.
Comments from Company Leaders
Yoni Assia, CEO and Co-founder of eToro, stated: "We’re thrilled to introduce this new suite of target-date portfolios in partnership with Franklin Templeton, providing investors with a hands-off way to stay on track with financial goals." Jenny Johnson, President and CEO of Franklin Templeton, added: "We are excited to partner with eToro to offer investment solutions to a broader audience, including digital-native younger investors."
The introduction of target-date portfolios by eToro in partnership with Franklin Templeton underscores the companies' commitment to providing convenient investment tools for users and contributes to expanding the pool of invested assets.
