SoFi has two funds in the pipeline that evidently won’t be free: the SoFi 50 ETF is designed to track an equal-weight index of 50 U.S. companies with the strongest growth signals. It’s slated to charge a fee of 0.29 percent.
The SoFi Gig Economy ETF would be an actively managed product investing in companies deemed to be part of the so-called gig economy characterized by flexible work arrangements regarding employers and lifestyles. The proposed expense ratio is 0.59 percent.