Products June 5, 2007

InterOcean Sets Course with Fiduciary Compass

The Retirement Services division of InterOcean Wealth Management has formally introduced a new fiduciary protection service for retirement plan sponsors called The Fiduciary Compass.
Reported by
The Fiduciary Compass is a process designed to help retirement plan sponsors navigate their fiduciary responsibilities. According to a press release from the Chicago-based firm, it covers six key areas of the retirement plan experience including:
  • Co-Fiduciary Responsibility
  • Vendor Search
  • Plan Design and Implementation
  • Investment Selection and Oversight
  • Employee Education and Communication
  • Recordkeeping and Administration
InterOcean Wealth Management LLC is a subsidiary of InterOcean Financial Group LLC, a financial services boutique positioned to serve business owners and high net worth investors through capabilities in Wealth Management, Investment Banking, and Private Equity.
For more information, contact Chris Lakumb at 866.428.2276, or at clakumb@iowealth.com.
Products June 5, 2007

WisdomTree Announces International Real Estate ETF

WisdomTree Investments, Inc. announced the launch of the WisdomTree International Real Estate Fund on the American Stock Exchange Tuesday.
Reported by
According to the announcement, the new fund from the WisdomTree Trust is a dividend-weighted exchange-traded fund (ETF), which tracks an index comprised of approximately 224 dividend paying companies in 19 developed market countries across Europe, Asia, and the Far East. The companies’ primary business is operating or developing real estate.
The ETF will have an expense ratio of 58 basis points and The Kellogg Group will act as the specialist for the product, the announcement said.
“Real estate has been a strong performing asset class over the last few years and we are pleased to introduce a unique investment vehicle focused exclusively on diversifying investors across international borders,” said Bruce Lavine, President & COO of WisdomTree, in the announcement.
More information can be found at www.wisdomtree.com.

«