EverBank plan adds benefit of dollar cost averaging to metals investing.
BANKING AND CREDIT NEWS-May 21, 2013-EverBank plan adds benefit of dollar cost averaging to metals investing(C)2013 M2 COMMUNICATIONS http://www.m2.com
21 May 2013 -- EverBank Financial Corp (NYSE: EVER) subsidiary EverBank said it has launched the new automatic purchase plan option for its non- FDIC insured Metals Select Unallocated Account1. The new plan provides investors a low-cost monthly investing option for pooled metals.
"With ongoing volatility in the metals markets and lingering concerns about the global economy, investors are realizing the importance of diversifying their portfolios with precious metals," said Frank Trotter, president of EverBank Direct, a division of EverBank. "The Automatic Purchase Plan takes advantage of dollar cost averaging to grow investors' precious metals ownership each month, eliminating concerns about timing their metals diversification strategy with the market."
EverBank Financial provides a diverse range of financial products and services directly to clients nationwide through multiple business channels. Headquartered in Jacksonville, Florida, EverBank had USD18.3bn in assets and USD13.7bn in deposits as of March 31, 2013. More information on EverBank can be found at www.abouteverbank.com.
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