Before investing in investment company securities, be sure to carefully consider the security's objectives, risks, charges, and expenses. For a prospectus containing this and other important information, contact the investment company or an Amerivest Specialist at 888-310-7921. Please read the prospectus carefully before investing. |
* From time to time, Amerivest will recommend portfolio reallocations designed to reduce the portfolio risk profile; the client has the final say to accept the recommendation.
¹ Amerivest Guided Portfolios is a discretionary service and the rebalancing schedule and execution are determined by the Investment Advisor(s). Both Self-Directed Amerivest and Target Date Investment Portfolios are nondiscretionary services in which clients are responsible for rebalancing decisions and schedule. Self-Directed and Target Date Portfolio clients can elect to enable Auto-rebalance, which allows the portfolio to be rebalanced to the currently accepted allocations on their schedule.
² Any new cash deposits to an Amerivest Guided Portfolios account are automatically invested (Auto-invest). In Self-Directed Amerivest and Target Date Investment Portfolios, automatic investing is available via the Auto-Invest option, which, when enabled, invests new monies in the asset classes that are most underweighted compared to their target asset allocation.
³ Amerivest Investment Management, LLC, will assess an annual advisory fee based on the value of assets in your TD AMERITRADE Investing Account. The fee for all Amerivest clients will be assessed on the first trading day of each quarter in advance for that quarter and will be prorated for accounts opened and closed during that quarter. TD AMERITRADE, Inc. will not charge commissions for eligible securities trades placed in your TD AMERITRADE Investing Account. All fees are subject to change.
With Amerivest Guided Portfolios, the first $100,000 in account value will have an annual net advisory fee of 0.90%. The next $150,000 (or portion thereof) in account value will have an annual net advisory fee of 0.75%. The next $250,000 (or portion thereof) will have an annual net advisory fee of 0.60%. The annual net advisory fee for all additional assets in the account above $500,000 will be 0.45%. The annual net advisory fee for account values less than $20,000 will be the lesser of $180 or 2.95%. The Amerivest Guided Portfolios net advisory fee equals the gross advisory fee minus a credit amount of 0.35%. The purpose of the credit amount is to reduce your annual advisory fee by the amount of 12b-1 and other service related fees, if any, received from the mutual funds held in your portfolio by Amerivest, TD AMERITRADE, Inc. or any other affiliates. With Amerivest Self-Directed and Target Date Investment portfolios, the annual fee for the first $100,000 in account value will be 0.75%. The annual fee for the next $400,000 (or portion thereof) in account value will be 0.50%. The annual fee for all additional assets in the account above $500,000 will be 0.35%. The annual fee for account values less than $20,000 will be the lesser of $150 or 2.95%.
The minimum initial investment is $25,000. If the market value of your account falls below the minimum due to your withdrawal of assets from the account, Amerivest may require you to deposit additional money to bring the account up to the required minimum. Amerivest reserves the right to discontinue its advisory relationship with you and transfer the securities to a like-titled brokerage account with TD AMERITRADE. Please see ADV Part II for more information. There is no assurance that the investment process will consistently lead to successful investing. Asset allocation and diversification do not eliminate the risk of experiencing investment losses.
Morningstar Associates, LLC is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. Morningstar Associates provides consulting services to Amerivest Investment Management, LLC ("Amerivest") with respect to the fund allocations for the Amerivest Guided Portfolios, but is not acting in the capacity of advisor to individual investors. Morningstar Associates selects funds for the Amerivest Guided Portfolios from the TD AMERITRADE Premier List, which is derived from a universe of mutual funds made available through TD AMERITRADE. The asset allocation targets are determined by Amerivest. Morningstar Associates strives to meet the asset allocation targets as closely as possible while accounting for fund-specific attributes; however, the actual allocations will fluctuate due to the nature of mutual fund investment activity and changes in the underlying holdings. Target allocations are subject to change without notice. Morningstar Associates establishes the fund allocations using asset class classification as defined by its parent company, Morningstar, Inc. If alternative classification methods are used, the allocations may not meet the asset allocation targets. Morningstar Associates is not affiliated with Amerivest or TD AMERITRADE. The Morningstar name and logo are used under license from Morningstar Associates.
Amerivest is an investment advisory service of Amerivest Investment Management, LLC, an SEC-registered investment advisor. Brokerage services provided by TD AMERITRADE, Inc., member FINRA/SIPC. TD AMERITRADE, Inc. and Amerivest Investment Management, LLC are both wholly owned subsidiaries of TD AMERITRADE Holding Corporation. Amerivest is a trademark of TD AMERITRADE IP Company, Inc. Amerivest provides non-discretionary and discretionary advisory services for a fee. Risks applicable to any portfolio are those associated with its underlying securities.