SEAL BEACH, Calif., Sept. 13, 2012 /PRNewswire/ -- SaveDaily, Inc. (OTCBB: SAVY), the leading provider of low cost mutual fund investing platforms used by financial institutions, will provide a custom investing platform for Equities.com, a leading financial media website, to provide investors with a breakthrough mutual fund investing platform. Equities.com operates My-Fi, one of the leading financial social media properties on the web. My-Fi members will be able to sign up for a mutual fund investing program that eliminates commissions, redemption charges and maintenance charges, allowing unlimited mutual fund trades and positions for one low monthly fee.
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"Equities.com gets a huge amount of daily traffic from investors who are taking control over their portfolio," stated Greg Vacca, SaveDaily president. "These are self-directed retail investors who are interested in stocks and mutual funds and want to keep as much of their investment return as possible in their own accounts. With our low-fee 'all you can eat' mutual fund platform, these investors can make sure that their money is working just as hard as they do."
Equities.com has built the first global news, data, research, education and social networking platform that shifts the financial data paradigm for its visitors and members, as well as the exchanges, public companies and market sectors it serves. It is the one-stop site for both self-directed investors and public companies to locate, communicate, evaluate and interact with each other.
"This is a perfect fit," said Equities.com Chairman David Bernard. "Our My-Fi members are active investors who demand access to the same tools and information that Wall Street veterans enjoy. Providing a self-directed mutual fund platform that offers the variety of funds that SaveDaily does, along with their educational and research tools, is a huge advantage over other financial media sites."
My-Fi investors who use the SaveDaily platform will be able to access virtually any mutual funds offered in the U.S. including funds that generally require a huge minimum investment. The ability for investors to assess their goals, make allocations based on their own risk profiles, monitor their results, re-balance at any time, and access virtually any fund without worrying about minimum investments or commissions puts self-directed retail investors in a position of power.
About SaveDaily, Inc.
SaveDaily offers investments and record-keeping services to its intermediary partners, as well as directly to clients through a variety of white-labeled interfaces. SaveDaily owns its proprietary financial services platform which has been in production for about three years, helping financial intermediaries succeed in bringing suitable and affordable investment services to everyday savers and investors. SaveDaily, through its financial services partners, has the capability of making virtually all mutual funds available to its clients. SaveDaily conducts its business through its wholly owned subsidiary, SaveDaily.com, Inc., which is headquartered in Seal Beach, California and is a Registered Investment Advisor with the Securities and Exchange Commission. For more information, visit www.savedaily.com.
About Equities.com
Equities.com is a leading financial media website that combines cutting-edge social networking capabilities, market insight and investment news coverage to serve as a Global Financial Network. Our mission is to give users the power to share and make the world's financial communities more connected and accessible. For more information, visit www.equities.com.
Forward Looking Statements
This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the matters and transactions considered by SaveDaily may not proceed as contemplated, and by all other matters specified in SaveDaily's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. SaveDaily does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the SaveDaily's filings with the Securities and Exchange Commission, including its recent periodic reports.
Company Contact:
Greg Vacca
562.795.7500 Ext. 1020
[email protected]
Media Contact:
Krush Creative Group
Katherine Hills
949.753.9069
[email protected]
Investor Contact:
A.S. Austin Company, Inc.
619.663.2470
[email protected]
SOURCE SaveDaily, Inc.
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