Stock splits make great headlines but are they good investments?
The Stock Split Index Fund (TOFR) began trading in September and is based on a model portfolio of the stocks of companies that have recently split, as published each month in the 2 for 1 newsletter.
"Investors and investment professionals have both been taught that stock splits really shouldn't impact a stock's performance, but there has been a lot of material published that demonstrates that stock splits, do in fact, matter," said John Hyland, chief investment officer of USCF Advisers. "This new ETF gives investors an easy way to access these companies in a convenient, low-cost way."
