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").
Strategies can also be made available as model portfolios for use within mutual fund wrap programs.
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.
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.
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.
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, UMAs, ETFs, fixed income solutions, sustainability solutions and alternative investments to independent financial advisors.
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, mutli-managed accounts, ETFs, fixed income solutions, sustainability solutions and alternative investments to independent financial advisors.
In the last several months, several of the company's funds were added to an industry-leading mutual fund wrap program with nearly $100 billion in assets.
The first installment, A New Approach to Wealth Management , offers a brief introduction to overlay portfolio management, and how it differs from traditional private wealth, mutual fund wraps and separately managed account (SMA) programs.
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