How Humankind Portfolios' Pricing Works

We aim to charge a low monthly fee for managing your portfolio – that way, more of your earnings can go toward meeting your financial goals. Our basic fee is just $4 per month ($48 per year) on accounts that have less than $20,000 in assets invested with us. Once an account passes $20,000, we charge 25 basis points per year, which means that for every $10,000 you have invested, we charge $25. For example, for clients with $20,000, that translates to $50 per year, charged monthly.

How we partner with you to help grow your wealth

If you have less than $20,000 in assets, you can unlock the 25 basis point fee sooner by setting up a recurring deposit of $200 or more per month. Because of the way our pricing system works, you may be able to pay less than $48 per year if you have less than $20,000 and set up that recurring deposit. For example, if you have $10,000 invested with us, with the recurring deposit you’ll get to pay an annual fee of $25 – as opposed to the basic annual fee of $48 without it. By enabling the 25 basis point fee when you set up a recurring deposit of at least $200 per month, our goal is to partner with you to help grow your wealth in an automated way.

Disclosures

See our Form ADV brochure for more information on Humankind Portfolios’ fees.

Advisory services provided to clients by Humankind Investments LLC (“Humankind”), an SEC-registered investment adviser.

Brokerage services provided to clients by Apex Clearing Corporation, an SEC-registered broker-dealer and member of FINRA/SIPC.

Humankind’s internet-based socially responsible advisory service (“Humankind Portfolios” or “the Program”) is designed to assist clients in achieving discrete financial goals. Clients are invested in portfolios of securities selected by Humankind based upon information provided by clients to Humankind. The investments that comprise the portfolios consist of various exchange-traded funds (“ETFs”), including an ETF from a fund family managed by Humankind and can include additional ETFs managed by Humankind in the future (collectively referred to as “Humankind ETFs”). Investments in Humankind ETFs in the portfolios can vary from no investments in Humankind ETFs to a majority of the portfolio consisting of Humankind ETFs. Clients can opt out of investing in Humankind ETFs in the portfolios. The ADV (Form ADV brochure and brochure supplement) and Investment Management Agreement (Advisory Agreement) for the Program describe the conflicts of interest presented by the Program and the actions Humankind takes to address them.

Humankind uses a proprietary metric, called “Humankind Value” to select and manage the ETFs that comprise the investments in client portfolios. Humankind Value is a single dollar value which is intended to capture the aggregate worth of a company based upon its economic impact on humanity, defined as investors, customers, employees, and society at large. It is important to understand that this single dollar value of Humankind Value for a company is not a precise measurement of the economic impact that companies have on humanity – rather, it represents a good faith estimate based on Humankind’s internal model of how these companies behave and what the estimated impact on humanity of their behavior is. In other words, Humankind seeks to create a simplified mathematical representation of the real world and are using that to derive this single dollar value for a company. See the Form ADV brochure and brochure supplement for additional information on this metric and how Humankind uses it in its investment advisory process.

Humankind may also present to clients estimates of the human impact of their portfolio as compared with a standard benchmark portfolio, across a sampling of themes. For example, without limitation, Humankind may present the number of cigarettes smoked their portfolio is responsible for as compared with the benchmark portfolio, or the number of people that their portfolio has provided access to clean water to as opposed to the standard benchmark portfolio, etc. It’s important to understand that these individual human impacts presented to clients are not a precise measurement– rather, they represent a good faith estimate based on our internal methodology. This human impact estimate methodology is made available to clients.

The Program is not intended to provide comprehensive financial planning with respect to every aspect of a client's financial situation and does not incorporate specific investments that clients hold elsewhere. Additionally, the Program does not customize investment portfolio construction based on clients' unique ethical preferences. Information on clients’ unique ethical preferences that is collected by the Program can be used for customized client communications.

Before investing, consider your investment objectives and the Program’s fees and expenses. For more details about the Program, see our Form CRS, Form ADV brochure, and brochure supplement.

Investing involves risk and there is the potential of losing money when you invest in securities. Past performance does not guarantee future results.