VanEck has launched the VanEck Wealth Builder ETF (NYSE: WBMO), an actively managed fund combining stocks, bonds, real assets and bitcoin exposure. The fund brings its Wealth Builder model portfolio approach, previously available to financial advisors through third-party platforms, to an ETF. VanEck selects investments, manages allocations and rebalances the portfolio using both its own and third-party ETFs.
WBMO has a 0.33% gross expense ratio and a 0.26% net expense ratio after fee waivers. The adviser waives management fees by amounts it or its affiliates collect as management fees from underlying funds. Bitcoin exposure is through digital asset exchange-traded products, not direct holdings. VanEck says the portfolio seeks long-term growth, income and diversification through allocations informed by its macroeconomic outlook.