Products September 14, 2007
Fiserv ISS Unveils Two Collective Investment Funds
Fiserv Investment Support Services is now offering collective investment funds (CIFs) as an option for retirement plans.
Reported by Adrien Martin
According to a press release, Emerald Funds will be available to plan sponsors through the Fiserv Trust custody platform and are traded through the National Clearing Corporation.
The Emerald Strategic Allocation Fixed Income Fund seeks returns through investment-grade fixed-income securities and the Emerald Large Cap Conservative Growth Fund invests in well capitalized companies with a history of strong earnings growth.
Fiserv Trust Company provides investment management, trust, and custody services for the Emerald Funds and Greenwood Capital acts as sub-advisor. Fiserv calculates and reports a daily unit value for each of the Emerald Funds.
More information on the Emerald Funds is at www.fiserviss.com/emeraldfunds.