The 3D Printing and Technology Fund, launched by mediabistro’s Alan and John Meckler, has today announced that its Investor Class (TDPNX) shares can be purchased through a number of online brokerage firms, as well as the Fund’s own website, http://www.3dpfund.com. Investors can now purchase stock in the mutual fund can now do so through Charles Schwab’s online trading platform, as well as Vanguard and Pershing.
The Fund has also signed an Operating Agreement with SEI Investments and has entered into Dealer Agreements with the following firms: Apex Clearing Corporation, BB&T Securities, COR Clearing, Duncan-Williams Inc, optionsXpress, Pershing Adviser Solutions, and Wedbush Securities. Additionally, there are a number of other Dealer Agreements currently being processed.
Alan Meckler, the Fund’s Senior Portfolio Manager, said of the news, “We are quite pleased that Schwab has chosen to add 3D Printing and Technology Fund to its platform. Adding Schwab to our existing online brokerage availability, Vanguard and Pershing, expands the Fund’s presence in financial markets and increases ease of access for individuals and institutions alike.”
This is big news for the Fund and the industry as a whole. As the first ever mutual fund focused on 3D printing, more investors will become aware of publicly traded 3D printing companies and will be able to purchase their stock more easily, and with lower risk through the Fund. It also indicates an even greater acceptance of the new technology by the mainstream. No longer a short sale investment, 3D printing is positioned to yield long-term returns.
Those wishing to invest in the Investor Class (TDPNX) can do so with a minimum of $2,500. The fund is also available as an Institutional Class (TDPIX), requiring a minimum initial investment of $100,000.