Wealthfront’s chief investment officer says you can gain an edge over indexes by active tax management to boost returns.

The $71 million iPath Series B Bloomberg Copper Subindex Total Return ETN (JJC) is the largest of the notes being closed, which hold around $533 million assets in total.

All but one US-listed ARK exchange-traded fund have seen outflows in 2023, despite the fact that most funds have at least matched the performance of the S&P 500 Index.

The interest rate on the popular savings tool will decline in May because of cooling inflation. Other investment options might provide a better return.

Rob Foregger, co-founder of Personal Capital and NextCapital, and partner Jim MacIntyre have teamed up with equity analytics and indexing provider MarketGrader to develop the next generation of smart beta and index investing.