Profit margins are constantly in decline for passive index funds, which comprise over 50% of the assets under management (AUM) of mutual fund and ETF companies. Fund companies have a fiduciary duty to investors that is not being met (Index Act of 2022).
Introducing a new fee-paying financial service, Invotum software enables investment companies to provide pass-through voting capabilities to their retail customers.
Our patent pending software and services enable investment companies to introduce new financial products and meet their fidicuiary duty.
Guiding the investor with an AI-enabled recommendation engine assists their completion of votes. The system securely captures their voting choices (encrypted proportional voting system) and can be independently verified (blockchain) by interested parties.
Retail investors are interested in pass-through voting. From 868 survey respondents:
- 82% though company management should consider the values of fund investors when making business decisions.
- 87% though management should actively seek fund shareholder feedback.
- 66% indicated the ability to directly vote on company proxy decisions would influence their decision to purchase a mutual fund or ETF product.