Leveling the investment playing field for all Americans

MoneyLion aims to bring effortless, barrier-free investing to the millions of Americans just like you who deserve an easier way to build financial stability. In fact, 93 percent of our members are first-time investors. With managed investing from MoneyLion, there’s finally an easy way to build a brighter future.

Empowering MoneyLion Nation with a new partnership

Today, we’re pleased to announce exciting upgrades to the way we design and manage our customers’ MoneyLion investment accounts. To bring you premium investment advice and products, we’ve partnered with Wilshire Associates Inc. (“Wilshire”), a global investment advisory firm that specializes in customizing solutions to meet the investment needs of their clients.

For over 30 years, Wilshire has been advising some of the nation’s largest institutional investors, and advises on more than $1 trillion in assets for various clients around the country. Now they’re sharing this expertise with MoneyLion, and we’ll leverage their recommendations to provide you with advice, help you invest, and empower all of MoneyLion Nation. 🦁

As a result of this partnership, we’ve made several enhancements to:

  • Fine-tune our personalized asset allocation portfolios and use a wider set of asset classes to give you added diversification
  • Identify exchange-traded funds (ETFs) that are the right fit for our portfolios by leveraging Wilshire’s established research process
  • Optimize the rebalancing process to help reduce trading and tax implications

How to benefit from these upgrades

If you already have a MoneyLion investment account, you don’t need to do a thing. Your account has already been rebalanced to your new fine-tuned allocation and ETFs, and you can view your updated portfolio in the MoneyLion app. If you don’t yet have an investment account with us, please visit moneylion.com or download the MoneyLion app to learn more about America’s easiest and most rewarding investment account.

Okay, now let’s get into more details of what’s new and improved.

Asset allocation from the biggest players to you

Wilshire helps level the playing field for individual investors by providing us with additional tools to share with our MoneyLion members, including some of the same insights that it provides to institutional clients and the same internal resources it uses to manage its largest clients. The result is a series of five asset allocation portfolios specifically designed for MoneyLion members.

As our Lionomics financial literacy program recently explained, asset allocation is the process of dividing investments across different types of assets, such as equity (stocks) and fixed income (bonds). Over time, strategic asset allocation is the most important driver of the total return (investment gains) and risk of any broadly diversified portfolio.

How you allocate your investments is one of the most important decisions you make, and our process takes care of asset allocation for you. New MoneyLion members will encounter an updated onboarding process when they open an investment account in the MoneyLion app. The revised onboarding and portfolio assignment process will help us recommend an asset allocation portfolio aligned to your personal investment preferences and risk comfort level.

New strategic asset allocation portfolios

Each of the five new asset allocation portfolios offers a distinct balance of associated risk and return expectations that we will rebalance to help you maintain your asset allocation over time.

We’ve also broadened the asset classes used in these portfolios. In terms of equities, we’ve added US Large Cap, US Small/Mid Cap, Developed Market International Equity, and Emerging Market asset classes. From a bonds perspective, we’re now allocating to municipal bond ETFs (both short term and intermediate term) to help make members’ portfolios even more tax efficient.

Here are the five core portfolios, each based on a preferred level of risk:

Conservative portfolio: Seeks to protect your portfolio by weighting heavily to fixed income (bond) ETFs, with a smaller proportional allocation to equity (stock) ETFs, offering liquidity and targeting stability but offering lower potential returns.

Moderately conservative portfolio: Seeks to protect your portfolio by weighting more heavily to fixed income ETFs while also seeking to achieve some growth by adding some weighting to equity ETFs.

Moderate portfolio: Seeks to achieve growth and reduce risk by weighting to fixed income ETFs and equity ETFs fairly evenly, but with a slight tilt toward equities. It may experience some volatility (but most likely still less than the volatility of the overall market) in pursuit of long-term growth.

Moderately aggressive portfolio: Takes on higher risk to seek higher potential long-term returns and is typically weighted more heavily to equity ETFs, but with some weighting to fixed income ETFs to help cushion against volatility.

Aggressive portfolio: Takes on substantial risk in an attempt to maximize returns and is heavily weighted to equity ETFs, with a small (typically 20% or less) weighting in fixed income ETFs, and may endure extensive volatility in pursuit of higher long-term gains.

Investment selection: How we choose the right ETFs

ETFs allow investors to access baskets of multiple securities in a simple, convenient, low-cost way, making them ideal investment options for many types of investors. But picking the right ones can feel like a full-time job. Not to worry, MoneyLion members can leave that part to MoneyLion and Wilshire.

Wilshire searches and monitors the entire universe of over 2,000 ETFs, selecting only those that are well priced, highly liquid, efficiently traded, well established, and with track records that closely replicating the returns of their benchmarks.

The five asset class portfolios comprise different weightings of asset classes and are implemented with carefully selected ETFs based on your risk preference. When you invest money, we will buy ETF shares (or fractions of shares) on your behalf, and you can view your portfolio of investments any time in the MoneyLion app.

Chart: Asset classes and ETFs for MoneyLion investment accounts

Asset Class ETF Ticker
US large-cap stocks Vanguard S&P 500 ETF VOO
International developed market stocks Vanguard FTSE Developed Markets ETF VEA
US small/mid-cap stocks Vanguard Extended Market ETF VXF
International emerging market stocks Vanguard FTSE Emerging Markets ETF VWO
Short-term municipal bonds iShares Short-Term Nat'l Muni Bond ETF SUB
US municipal bonds Vanguard Tax-Exempt Bond ETF VTEB
International stocks Vanguard Total International Stock ETF VXUS
Cash Cash N/A

Rebalancing to help you stay on track

Once you’re invested in your personalized asset allocation, we monitor your account and strive to keep your dollars working hard and aligned to your risk tolerance over time. In order to do this, we trade or re-balance your portfolio to make sure your weightings across your investments still make sense for you.

As you’re able to deposit additional funds to your investment account, we invest those funds based on your target portfolio asset allocation and continue to put your money to work.

Your time is now -- make it count

MoneyLion strives to make investing accessible to everyone, and we’d love to help you get started today. Please visit moneylion.com or download the MoneyLion app to learn more. If you already have a MoneyLion investment account, you’re good to go! Your account has been rebalanced to a fine-tuned asset allocation and new ETFs, and you can check out your new portfolio in the app. Here’s to making your money work harder than ever.

Investment Accounts Are Not FDIC Insured • No Bank Guarantee • May Lose Value • Membership Required. For important information and disclaimers relating to the Plus investment account, please review ML Wealth, LLC’s Form ADV Brochure ==**[here](http://www.moneylion.com/adv)**==.