Austin, TX and Richmond, VA, April 25, 2019 (GLOBE NEWSWIRE) -- HealthSavings Administrators, a top health savings account (HSA) provider, today announced the continued expansion of its fund lineup with the addition of eight more funds from Dimensional Fund Advisors, a leader in applying advanced financial science to investment solutions.
Continuing to lead the market for investment-focused HSAs, HealthSavings added Dimensional sustainability and social responsibility funds to the carefully-curated lineup of institutional-class funds it offers accountholders. Now offering 31 funds from Dimensional, the sustainability and social responsibility funds include:
- US Sustainability Core 1 Portfolio – DFSIX
- International Sustainability Core 1 Portfolio – DFSPX
- Emerging Markets Sustainability Core 1 Portfolio – DESIX
- Global Sustainability Fixed Income Portfolio - DGSFX
- US Social Core Equity 2 Portfolio – DFUEX
- International Social Core Equity Portfolio – DSCLX
- Emerging Markets Social Core Equity Portfolio – DFESX
- Social Fixed Income Portfolio – DSFIX
“Advisors and accountholders increasingly want funds that align with their principles and passions, as well as their investment focus,” Jennifer Harris, vice president of product development and program management for HealthSavings. “Working with Dimensional, we’re now able to offer today’s socially conscious investors the ability to build assets by investing all health benefit dollars right out of the gate, with no minimum-balance requirements and expense ratios that are 20 percent below industry average.”*
For complete information about HealthSavings’ Dimensional fund lineup, fees and more, please visit https://healthsavings.com/dimensional/.
About HealthSavings Administrators
HealthSavings empowers consumer-driven health plan participants to invest all their health benefit dollars in institutional-class funds so they can grow their savings tax-free and meet their financial goals for a happy, healthy future. By choosing from a carefully curated selection of funds with lower expense ratios and no trading fees, HealthSavings accountholders have historically saved five times more than the industry average. Visit HealthSavings.com to learn more.
About Dimensional
Dimensional is a leading global investment firm that has been translating academic research into practical investment solutions since 1981. Guided by a strong belief in markets, we help investors pursue higher expected returns through advanced portfolio design and careful implementation. With clients around the world, Dimensional has 13 offices in nine countries and global assets under management of $576 billion as of March 31, 2019. Learn more at dimensional.com.
*The average expense ratio for the eight Dimensional funds is 37 bps, while, according to the 2018 Year-End Devenir HSA Research Report, the average expense ratio for the HSA industry is 47 bps.