What are they?
M1 Expert Pies are professionally curated allocations of securities (ETFs or individual stocks) created by the staff at M1 and they can be used for a portion or all of your portfolio. All M1 Expert Pies are based on generally accepted investing methodologies. You can locate the Expert Pies in the "Research" tab on M1.
The M1 Expert Pies were created to aid you in the creation of your portfolio. The decision of whether or not to use one is up to you. You can use them as all, part of, or none of your portfolio.
How can they be used?
You can use an expert M1 Pie just like any other Pie on the M1 system. It can be used for a portion, all of, or none of your portfolio.
We do not allow users to make alterations to the M1 Expert Pies.
How are they created?
To determine the best ETFs (Exchange Traded Funds) for M1's Expert Pies, we run a quantitative analysis on all traded ETFs. Our selection model takes into account the fund's cost, volume, size, and tracking error (how well the fund tracks the benchmark it seeks to replicate).
You can read more about how the ETFs are selected and which ETF we select for each index by clicking the attached PDF.