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Beyond Millennials: SigFig Unveils World's First Income-Generating Robo Solution for RetireesSAN FRANCISCO --(Business Wire)-- SigFig, the easiest way to manage and improve your investments, today launched 'SigFig Diversified Income', the first ever robo-managed investment portfolio specifically optimized to generate a generous stream of investment income. By balancing a diverse set of income-generating ETFs, SigFig Diversified Income is able to target a 4% yield while minimizing risk and volatility. SigFig technology automates the management of the portfolio, and professional wealth managers are available to speak with customers at any time. Millions of Americans invest with the goal of generating income to meet their retirement needs. But historically popular ways of generating income, including buying bonds and investing in stocks that pay dividends has been difficult in recent years. Historically low interest rates have resulted in low yields, and volatility in the stock markets has made dividend-paying stocks a high-risk way to generate income. SigFig Diversified Income is able to offer better diversification and yield to income seeking individuals by pursuing exposure to both commonly used and lesser-known sources of income. "Retirees are perhaps the most in need of an investment portfolio that delivers income, money they use to live on a day to day basis. However, many pursue ineffective or risky strategies to meet their daily financial needs," said SigFig CEO Mike Sha. "SigFig Diversified Income focuses on delivering income from your investments, with a diversified portfolio that generates a high yield while charging some of the lowest fees across the industry. Traditional wealth advisors typically have high minimums of $1 million or more and charge significantly more in fees - and that's where SigFig levels the playing field." Through a blend of 8 - 12 different income-generating ETFs from a variety of asset classes, SigFig Diversified Income is designed to create a diversified portfolio with a targeted 4% income yield with as little volatility as possible. Each investment portfolio generates income that can be automatically reinvested or distributed to the account owner according to their preferences. This provides customers with a professionally managed portfolio with a low minimum investment requirement of $100,000, and low management fees of 0.50%. To sign up for SigFig Diversified Income, investors can speak with one of our investment professionals at 1-855-9SIGFIG or can email us at [email protected]. About SigFig SigFig was founded in 2011 to reinvent the world of investing by making it easier, more accessible, and more affordable for everyone. SigFig is the largest portfolio optimization platform in the world helping everyday investors track over $350B in assets. Through its partnerships with Fidelity, Schwab, and Ameritrade, the company's algorithmic investment strategies work to analyze, monitor and improve any portfolio, automatically balancing and diversifying investments, while reducing risk and minimizing fees. Backed by top-tier venture capital from Union Square Ventures, Bain Capital Ventures and DCM, SigFig's technology is trusted and used by many of the largest finance portals in the world, including USA Today, CNN, AOL (News - Alert), Yahoo, and Forbes. Useful Links SigFig website: http://www.sigfig.com Disclosure Statement All investments carry some degree of risk. Read more about SigFig's risks and disclosures here: https://www.sigfig.com/l/terms
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