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For the first time, QQQDirect enables investors who purchase the same dollar amount of shares at regular intervals to have direct access to an exchange traded fund. “NASDAQ has played a significant role in the equification of America and this is yet another way we can break down barriers to stock ownership,” said NASDAQ Global Funds CEO John Jacobs. “By buying a single share of QQQ, dollar cost average investors will own a portfolio of NASDAQ's industry leading companies – including the likes of Microsoft, Starbucks and Dell.”
QQQDirect is an affordable online investing service that provides one plan purchase of QQQ per month free of any charge. It is a fractional share, dollar-based service that allows as little as $10.00 per month to be invested with QQQDirect's AutoVest Schedule.
“We believe this new service expands the ability of investors to make sound investment decisions,” said John Markese, President of the American Association of Individual Investors (AAII). “As an advocate of investor education and empowerment, AAII views the introduction of QQQDirect as a new, cost efficient opportunity for individuals to practice the principles of sound investing.”
“We are part of the movement to further democratize the markets,” said Stewart Christ, President and CEO of OnLine Investments, Inc., the parent of MyStockFund Securities. “We believe in a conservative and wholesome approach to investing and we help investors take advantage of dollar-cost averaging, diversification and dividend reinvestment opportunities regardless of their budget or level of investing experience.”
QQQ offers investors ownership in NASDAQ's largest 100 non-financial companies. A single share of QQQ represents 100 of NASDAQ's large-cap growth companies while adding a broad-market index to investment portfolios. Launched in March 1999, QQQ is the most actively traded ETF in the world and the most actively traded listed equity security in the U.S., as measured by average daily share volume.1 The net assets of the NASDAQ-100 Trust totaled more than $20.3 billion as of December 30, 2005.2
About NASDAQ Global Funds (NGF)
NGF, a subsidiary of NASDAQ (NASDAQ:NDAQ), is behind one of the largest ETF fund families — both in the U.S. and globally. Ranking third in the U.S., in terms of assets under management, NGF sponsors five ETFs: the NASDAQ-100 Index Tracking Stock, and the BLDRS Index Funds TrustSM , which consists of four separate ETFs that are designed to correspond to the price and yield performance of four of The Bank of New York American Depository Receipt Indices. The BLDRSSM fund family includes two international market index funds, and two international regional index funds. In addition, NGF's European subsidiary manages the NASDAQ-100 Index European Tracker® (available only to investors in certain European countries).
About MyStockFund Securities, Inc. and OnLine Investments, Inc.
With headquarters in Reston, Va., MyStockFund Securities, Inc., member NASD/SIPC, is the broker-dealer offering the unique securities trading platform behind QQQDirect.com. To learn more visit www.MyStockFund.com . OnLine Investments, Inc. (OLI), the parent of MyStockFund Securities, Inc., is a financial services holding company that has developed the technology to enable convenient and cost-effective Internet-based investment and savings products geared to long-term investors. Private label versions of the service are available through various organizations, affinity groups, financial services and benefit providers. To learn more, visit us at www.olistocks.com .
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information about QQQ, a unit investment trust, please call 888-627-3837. Read the prospectus carefully before investing.
ALPS Distributors, Inc., a registered broker-dealer, is distributor for QQQ.
1 Source: Bloomberg and FactSet Research System Inc. Data as of December 31, 2005.
2 Source: The Bank of New York
