Interactive Advisors introduces Legg Mason Global Growth and Income Portfolio

Maria Nikolova

This is a diversified equity portfolio that uses a combination of Legg Mason ETFs in order to meet its objectives of balancing growth, income, and portfolio risk.

Interactive Advisors, formerly known as IBKR Asset Management, is widening the comprehensive array of portfolio choices available to its clients. The company has introduced the Legg Mason Global Growth and Income Portfolio. It has been added to Interactive Advisors’ lineup of investment products.

This is a diversified equity portfolio that uses a combination of Legg Mason Exchange Traded Funds (ETFs) in order to meet its objectives of balancing growth, income, and portfolio risk. The portfolio aims to provide a balanced exposure across growth, value, infrastructure, international and emerging market equities and fixed income securities.

The result is a diversified portfolio that seeks income that is higher than its benchmark, while pursuing growth at a reasonable risk level.

The Legg Mason Global Growth and Income Portfolio provides a diversified allocation to active Legg Mason strategies with the ability to select securities with both high income levels and quality fundamentals. It also offers dedicated exposure to ETFs investing in companies that apply environmental, social and governance (ESG) principles while promoting the investment objective of the underlying strategy to seek growth and income. Let’s also note that this portfolio only selects investment strategies managed by firms who are current signatories to the UN Principles for Responsible Investment.

Let’s recall that, about a month ago, IBKR Asset Management, a part of the Interactive Brokers’ business “family”, changed its name to Interactive Advisors. The company noted back then that its mission to provide clients with the convenience of online investing, human help and a wide range of portfolios remains unchanged.

This was not the first time the asset management service changes its name. Back in August 2017, Covestor moved to a new website, with the traffic from redirected to, in line with the name change from Covestor to Interactive Brokers Asset Management. The plans for the renaming of Covestor were announced in July 2017 to reflect the fact that the company has been a part of the Interactive Brokers Group since 2015.

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