Products August 7, 2007

Online Basket of Hedge Fund Sector Indexes Introduced

The Credit Suisse/Tremont Hedge Fund Index Group has unveiled the Markets Defender Basket, an online basket of hedge fund sector indexes, based on the Credit Suisse/Tremont Sector Invest Indexes.
Reported by

A news release said the Credit Suisse/Tremont family of hedge fund indexes includes three separate components:

the Hedge Fund Index, an asset-weighted benchmark that measures hedge fund performance;
the Blue Chip Investable Index, comprised of 60 funds across the 10 style-based sectors in the broad index; and
the Sector Invest Indices, which provide investment access to any of the 10 style-based sectors in the broad index on an individual basis.

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“The Markets Defender Basket is designed to provide exposure to a basket of Credit Suisse/Tremont Sector Invest Indices, primarily focused on equity market neutral hedge fund strategies,” said Oliver Schupp, President of the Credit Suisse Index Co. in the news release.

Also released on the Web site is the Global Growth Opportunities Basket, launched over two years ago, which is designed to provide exposure to a basket of Credit Suisse/Tremont Sector Invest Indexes primarily focused on directionally-oriented hedge fund strategies.

More information is available at http://www.hedgeindex.com/hedgeindex/en/default.aspx?cy=USD/.

Products August 7, 2007

Securian Adds 11 New Funds to Menu

Securian Retirement Distributors says that 11 new investment options are now available to qualified retirement plan sponsors.
Reported by

According to a press release, that brings the firm’s full array to 71 variable options from 30 fund families along with two guaranteed accounts. The firm said that especially noteworthy is the addition of an international index option, which means the firm’s array now offers the ability to cover all the major asset classes with a passively managed investment option. A new multisector bond fund offers yet another option in the specialty asset class for those seeking a differentiator-type investment.

New Options

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The new investment options include (separate account name—underlying investment option):

  • Multisector Bond I — Loomis Sayles Bond Fund, Institutional Class
  • Small Value Equity XII — Dreman Contrarian Small Cap Value Fund, Class I
  • Small/Mid Value Equity III — DFA U.S. Targeted Value Portfolio
  • Small Growth Equity XIII — Allianz RMC Small-Cap Growth Fund, Institutional Class
  • Small/Mid Growth Equity III — Alger SmallCap and MidCap Growth Fund, Class A
  • Mid-Cap Value Equity IV — RiverSource Mid Cap Value Fund, Class R5
  • Large Equity VIII — Janus Adviser INTECH Risk-Managed Core Fund, Class I
  • Large Growth Equity X — Turner Core Growth Fund, Investor Class
  • International Core Index I — American Beacon International Equity Index Fund, Institutional Class
  • International Growth II — Van Kampen International Growth Fund, Class I Shares
  • International Core III — Julius Baer International Equity Fund II, Class I

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