DAYOSS offers a financial decision support platform that simplifies mutual fund and ETF selection through personalized suitability scores and portfolio construction tools. It helps investors build and optimize portfolios aligned with their specific objectives, reducing the complexity of investment choices.
Funding
Funding not disclosed
Founders
Product
Problem
Investors face challenges in selecting appropriate mutual funds and ETFs due to the vast number of available options and the complexity of aligning them with personal investment preferences. Existing tools often require significant user expertise and time, while robo-advisors may offer limited fund selection and oversimplified customization.
Solution
DAYOSS provides a financial decision support platform that integrates smart fund screening, analysis, and portfolio construction capabilities. The platform generates tailored suitability scores for individual funds based on user-defined preferences, simplifying the selection process. It also offers portfolio optimization features, allowing users to reweight or substitute holdings in existing portfolios to better align with their objectives. This approach aims to reduce the time and effort required for informed investment decisions by bridging the gap between comprehensive fund analytics and user-friendly portfolio building.
Target Audience
The platform targets time-conscious and fee-conscious individual retail investors seeking a streamlined and customized approach to mutual fund and ETF selection and portfolio construction.
Features
- Smart fund screener that assigns a personalized suitability score to each fund.
- Portfolio builder functionality to construct portfolios aligned with user preferences.
- Portfolio completion feature to supplement existing portfolios with additional funds, themes, or stocks.
- Portfolio optimization tools for reweighting or substituting assets in current portfolios.
- Machine learning models to distill complex financial data into actionable metrics.
- Coverage of approximately 2500 US-listed mutual funds and ETFs, representing a significant portion of the market by AUM and activity.
- Ability to analyze funds with short track records.