Products May 21, 2013
Jefferson National Expands Monument Advisor
Jefferson National added
seven funds designed to meet the needs of registered investment advisers
(RIAs) and fee-based advisers.
Reported by Sara Kelly
The funds have been added as part of Jefferson National’s Monument Advisor, which offers a tax-deferred investing solution that aims to improve performance potential of tax-inefficient strategies without increasing risk.With these new funds, Jefferson National now has nearly 400 underlying funds in its lineup.
- The ALPS/Alerian Energy Infrastructure Portfolio, which Jefferson claims is the first of its kind to deliver energy infrastructure and master limited partnership (MLP) investments in a variable insurance trust (VIT);
- The Probabilities VIT Fund—a quantitative long/short U.S. equity fund-of-funds that uses an active trading strategy to generate non-correlated alpha versus the Standard & Poor’s (S&P) 500 Index;
- The Guggenheim VT Macro Opportunities, previously available only to institutional clients, which employs an opportunistic tactical strategy;
- Guggenheim VT Floating Rate Strategies, also previously available only to institutional clients, which provides an alternative to traditional fixed income;
- Fidelity VIP Target Volatility Portfolio, which seeks total return while attempting to maintain a target portfolio volatility of 10%;
- Van Eck VIP Global Gold Fund—an actively managed portfolio that invests in gold-mining equities; and
- The 7Twelve Balanced Portfolio, which uses a proprietary approach based on the strategies of recognized investing authority Craig Israelsen, Ph.D.
“In today’s marketplace advisers need to manage risk, hedge against volatility and build more resilient client portfolios, and many of the alternative investments and tactical strategies they utilize for these purposes benefit from tax deferral,” said David Lau, chief operating officer of Jefferson National.
You Might Also Like:
IRA Assets Climb to $13T, With Rollovers Fueling Growth
The ICI’s annual IRA report shows financial professionals continue to be the primary source for rollover advice, staying well ahead...
Product & Service Launches – 2/15/24
CAPTRUST joins list of advisories partnering with Pontera on 401(k) management tool; F&G Annuities & Life launches RILA; and iCapital...
Financial Advisers Less Optimistic Than Clients on Retirement Readiness
Among those nearing retirement, 47% are as likely to use advisement services linked to their workplace plan as they are...