November 2006

FOLIOfn receives Forbes Best of the Web Award

“The magic keyword here: customization. FOLIOfn believes mutual funds are archaic; instead the site lets you create and invest in your own fund portfolios containing up to 50 stocks. Choose from aerospace stocks to retail REITs. Not sure where to invest? The Folio Wizard can help you pick stocks based on your expectations and risk level and lets you take a test drive with “play” money. You can also choose from nearly 100 pre-established folios that range from the typical (i.e. consumer staples) to ones with a socially responsible bent (for example, companies with women board members). FOLIOfn also acts as a traditional online brokerage: Choose from four plans that vary in fee structure based on how much you trade. There's no account minimum and you can purchase stock in fractions.”