Mutual-Fund Advisory Program

(redirected from Mutual Fund Wrap)

Mutual-Fund Advisory Program

An investment vehicle in which an investor works with an investment adviser to take a long position in several mutual funds. The program utilizes an asset allocation method that matches the investor's goals. The investor does not pay fees for each mutual fund, but rather pays the average fee to the investment adviser. A mutual fund advisory program allows the investor greater autonomy over his/her portfolio. It is also called a mutual fund wrap. See also: Fund of funds.
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A recent report on such accounts by Cerulli Associates, a Boston investment consulting firm, says that mutual fund Wrap account assets make up 11% of total Wrap assets under management, with $12.
SIB") certificates of deposit ("CDs") or shares in SIB's Stanford Allocation Strategy proprietary mutual fund wrap program ("SAS") between February 19, 2004 and February 17, 2009 (the "Class Period").
Flexible Plan provides full-service investment management for intermediary client accounts, including individual accounts, 401(k) and IRA, variable annuities and variable life, and mutual fund wrap accounts.
Strategies can also be made available as model portfolios for use within mutual fund wrap programs.
These funds, which are distributed through financial advisors and brokers, are also part of a Dunham turn-key mutual fund wrap program where the financial advisor has the option to choose to charge fees only when their client makes money.
JennisonDryden has added Z share classes to its Jennison Equity Income Fund, making this income-oriented equity fund available to mutual fund wrap programs and retirement platforms that use institutional priced mutual funds.
Their mission is to help these companies to profitably deliver investment advisory services, including ETF and mutual fund wrap model portfolios, and SMA and UMA programs.
The use of SMAs will allow Probity and Wealth Services Alliance to provide world-class investment solutions to investors with costs that are demonstrably below that of mutual fund wrap programs.
Envestnet Asset Management, one of the largest providers of wealth management solutions in the industry, delivers separately managed accounts, mutual funds, mutual fund wrap portfolios, multi-managed accounts, ETFs, fixed income solutions, sustainability solutions and alternative investments to independent financial advisors.
The new program provides investment advisors and clients with an expanded array of products including mutual fund wrap accounts, mutual fund model portfolios and separately managed accounts.
Utilizing its proprietary relative strength and Targeted Volatility Analysis methodologies, the suitability-based portfolios will be available within a mutual fund wrap program and select variable annuity and 401(k) products.
The AlphaCycle IMA offers world class investment management with all of the innate tax and customization advantages of separately managed account portfolios -- and at these minimums and costs it becomes a powerful alternative to mutual funds, ETFs, and mutual fund wrap programs.
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