Products July 6, 2011

Meeder Launches Total Return Bond Fund

Meeder Financial has launched the Flex-funds Total Return Bond Fund (FLBDX).
Reported by

The fund seeks total return (consisting of income and capital growth) consistent with preservation of capital by investing in 80% bonds which include fixed income securities and bond mutual funds. Typically, the fund will hold other fixed income mutual funds and ETFs. The fund may also hold individual securities.  

“This fund, as a multi-sector bond fund, has the ability to invest in other fixed income spaces, including high-yield bonds and emerging market bonds, when we deem it to be appropriate,” said Dale Smith, Meeder Chief Investment Officer.

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The fund is managed by an experienced investment team utilizing a multi-factor tactical asset allocation discipline which employs both quantitative and qualitative models.
Deals & People July 6, 2011

Bill Gardner Joins Morley Financial Services

Portland, Oregon-based Morley Financial Services has announced the appointment of Bill Gardner as director of sales and relationship management.
Reported by

Morley states that Gardner brings more than 20 years of experience in the stable value industry to this position, where he will  report to Ron Heath, Morley’s Managing Director for Sales and Marketing.  

Gardner joins Morley from Dwight Asset Management, where he most recently served as senior vice president. Gardner earned his bachelor’s and MBA degrees from the University of Oregon.  

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“We are very excited to have Bill join our organization,” said Tim Stumpff, president of Morley, in the announcement.  “As an integral part of our relationship management team, Bill will help us continue to deliver on our mission of providing top-tier stable value solutions.” 

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