Recode is reporting that a new fund aimed at low-income investors is looking to raise $500 million.
This fund is called Active Income Fund and is called Passive Income for People.
The fund was launched last week.
The company that created it, Capital Alpha, is also working on a smaller fund called Passive Retirement Funds, which is based on a similar model to Active Income.
The new fund’s goal is to offer investment opportunities that are more flexible, according to a press release.
In an interview with Recode, an employee at Capital Alpha explained the fund’s goals.
“Our goal is just to make it a better, better portfolio that you can use for all kinds of reasons,” the employee said.
“We don’t want to just invest what you need for your needs.
We want to make sure that the portfolio has diversified opportunities, so that you get a return that is good for you and your family.”
The employee added that the company also hopes to attract more institutional investors to invest in passive income funds.
Capital Alpha is focused on passive income investments.
The firm currently has an active fund that invests in passive index funds.
The passive fund currently has about $5.2 billion under management.
The investment portfolio also includes the Vanguard Growth Fund, the Russell 2000 Index Fund, and the Vanguard Small Cap Index Fund.
The Fund’s focus on passive investments also allows the firm to keep costs low.
“In most cases, we are able to manage the costs so that we can provide a really good investment for our customers,” the spokesperson said.
This is in part due to the fact that passive investments tend to have lower expense ratios.
Passive investment accounts typically invest in a portfolio of index funds, which are typically low-fee index funds that are linked to a single index, such as the S&P 500.
Passive index funds have lower expenses than a traditional index fund.
This means that the cost per share of a passive index fund is much lower than the cost of the same fund in the traditional index.
This reduces the total cost of owning a passive portfolio, which can help offset the higher costs of investing in a traditional portfolio.
Investors can also benefit from the company’s passive investment portfolio, as the firm offers a wide range of funds, according the company.
“As an investor, you can choose the investment that suits you best,” the company said in its press release about the new fund.
Passive income investing has gained traction over the last few years as investors have begun to look to lower their expenses.
For example, a new study by the Urban Institute found that investors who take advantage of passive income portfolios in retirement typically save about 20% of their taxable income.
That means that passive income could help people save money and reduce the likelihood of being overburdened with student loan debt.
The Urban Institute report also found that while investors tend to prefer passive investment options, they do not necessarily choose them as a whole.
The research found that in addition to focusing on low cost, passive investments, investors often choose to invest only in a specific asset class, which makes it difficult to choose a specific fund for the needs of their specific needs.