The target-date portfolios combine 3D Asset Management’s strategic approach to target-date fund (TDF) investing with Newfound Research’s rules-based, tactical asset-allocation capabilities. Under the new approach, 3D Asset Management serves as the adviser and Newfound Research as the sub-adviser for client accounts.
Collective investment funds (CIFs) will be used to offer portfolio options targeting seven retirement dates ranging from 2015 to 2055, according to the firms. As the strategies unfold, the 3D/Newfound partnership is designed to allow investment managers specializing in their respective strategic and tactical disciplines to collaborate and deliver the best of both management styles to plan sponsors and participants.
portfolio can serve as a unique qualified default investment alternative (QDIA)
choice for plan sponsors and will provide plan participants with an investment
designed to optimize or reduce exposure to equity markets in accordance with
current market cycles and their individual retirement time horizon.
As with other 3D Asset Management products, the PrudentPath series will be distributed exclusively through financial advisers, and will be available in three share classes of CIFs, as well as through unitized portfolios on Mid Atlantic Trust Company’s ModelxChange platform.