MyCompass Model Portfolios
MyCompass Model Portfolios offers a choice of professionally managed investment portfolios designed to help you along your financial journey. After selecting a model portfolio, you delegate the day-to-day investment decisions to a team of Edward Jones portfolio managers.
What is MyCompass Model Portfolios?
This program utilizes Edward Jones’ own asset allocation models which are composed of third-party mutual funds and/or exchange-traded funds (ETFs). Edward Jones’ portfolio managers are responsible for the development and maintenance of the investment models which correspond to each of the portfolio objective we offer, the selection of the mutual funds and ETFs used to implement each asset allocation model, and the buying and selling of those investments on our clients’ behalf.
Model Portfolios features at a glance:
- Investment management delegated to professionals
- Carefully selected investments
- Diversification through asset allocation1
- Monitoring and rebalancing2
- Starting at $15,000 minimum for models comprised only of mutual funds and ETFs models
Choosing MyCompass Model Portfolios
First, you’ll work with your financial advisor to select a portfolio objective, which sets the framework for your overall strategy, including recommended asset allocation ranges based on your timeline, risk profile, and goals. Using this objective, you’ll choose from a range of ready-made model portfolios.
Investment management delegated to professionals
While you and your Edward Jones advisor select your portfolio, the day-to-day investment decisions are delegated to qualified portfolio managers, so that you can focus on other important aspects of your life while still benefiting from a disciplined approach to investing. Your portfolio manager monitors the composition and performance of managed portfolios and assess the impact of recent market conditions. The team will adjust managed portfolios as needed to help ensure they adhere as closely as possible to their risk and return objectives.
Staying on track
Your portfolio is systemically rebalanced when it drifts too far from its target asset allocation. Rebalancing helps ensure that your portfolio does not over emphasize any one asset class and remains aligned with your risk profile. You’ll receive regular statements and quarterly performance reports, and you’ll meet with your financial advisor at least once a year to review your progress.
How you'll pay for services
With MyCompass, you will not pay a commission on investment trades. Instead, you pay a monthly program fee3 based on your account’s total value each month.
We can help
If you feel that MyCompass Model Portfolios is right for you, contact an Edward Jones financial advisor to learn more.
Important information:
1 Diversification does not guarantee a profit or protect against loss in declining markets.
2 Rebalancing a MyCompass account may result in a taxable event. Please contact your tax professional regarding your situation. Automatic rebalancing and asset allocation do not guarantee a profit or protect against loss.
3 Paying an ongoing fee can make expenses more predictable but may be more expensive over time. For additional details regarding fees and expenses associated with Edward Jones fee-based programs please see the Fee Schedule section under the Edward Jones Managed Account Agreement.
Additional important information:
Edward Jones is a limited partnership in Canada, does business in Canada as Edward Jones, and is a wholly owned subsidiary of The Jones Financial Companies, L.L.L.P., a U.S. limited liability limited partnership. Edward Jones is a member of the Canadian Investment Regulatory Organization (CIRO) and of the Canadian Investor Protection Fund (CIPF).
MyCompass by Edward Jones™ Model Portfolios (“MyCompass Model Portfolios”) is a managed account program at Edward Jones. Please review the Edward Jones Managed Account Agreement and the Account Agreement for more information. Clients choose the portfolio objective for their MyCompass Model Portfolios account with the assistance of their financial advisor. MyCompass Model Portfolios are centrally managed by Edward Jones portfolio managers.
The performance of any investment, including ETFs and mutual funds and the performance of an asset allocation for portfolio objectives are not guaranteed. The value of investments changes frequently, and past performance may not be an indication of future performance. The funds used as component investments and their weightings in a managed account are subject to change from time to time at the portfolio manager’s discretion. All investments involve risk, including loss of principal amount invested.
Edward Jones charges a program fee in MyCompass Model Portfolios accounts relating to the services it provides. Investments are traded in the currency they are issued. Edward Jones will place foreign exchange transactions to facilitate client instructions and to balance managed accounts. Foreign exchange transactions are made in accordance with the Account Agreement and may generate costs to clients.
ETFs and mutual funds are investment products issued by third-party fund managers. An ETF or mutual fund can deduct fees relating to the fund’s expenses and management costs from the assets of that fund. In some cases, Edward Jones collects mutual fund management fees from client accounts. Some mutual funds charge unitholders a short-term trading fee when units are sold before the end of a minimum holding period. Information relating to an ETF or mutual fund’s fees can be found in its prospectus, ETF Facts and/or Fund Facts documents which are available from your financial advisor. Please read the prospectus carefully before investing.