eToro launches Smart Portfolio with exposure to insurance companies

Broker eToro expands its offer with a new product from the Smart Portfolio category. It is now available to investors InsuranceWorld – a portfolio offering long-term exposure to the insurance sector. Details below.

Exposure to insurance companies

While eToro users can already trade and invest with over 100 insurance companies on the platform, the new wallet will simplify the process of gaining diversified exposure across the sector.

“Insurance stocks can be a valuable addition to an investment portfolio due to the stable nature of the industry and coverage across multiple sectors. This industry has proven to be more resilient than others when it comes to economic and market volatility, making it a worthwhile defensive investment game.” - he explained Dani Brinker, Head of Investment Portfolios at eToro. 

This new wallet offers users a carefully selected mix of top-performing insurance companies, giving them the opportunity to invest in a growing and stable industry expected to reach a market size of $2026 trillion by 8,3.

To create the portfolio, eToro's team of investment experts handpicked the top 35 insurance companies in the Americas, Europe and Asia-Pacific by considering several factors including market capitalization, liquidity parameters, analyst ratings and reach. The portfolio will be rebalanced every year.

Simulation of InsuranceWorld's smart portfolio historical performance. Historical results do not guarantee similar results in the future. Source: eToro

What are Smart Portfolios at eToro

InsuranceWorld is a new addition to eToro's existing portfolio portfolio, which already provides exposure to traditional financial sectors such as Private Equity, The Big Banks, Real Estate Trusts. EToro Smart Wallets offer investors exposure to various market topics. Combining several assets under a specific methodology and using a passive investment approach, eToro Smart Wallets are long-term investment solutions that offer diversified exposure with no management fees.

Initial investment starts at $500 and traders have access to tools and charts to track portfolio performance while eToro social channel will keep them informed about developments in the sector. For now, this wallet is not available to US users.

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