Products May 23, 2012

SunGuard Adds Mobile App to Relius Administration Suite

SunGuard launched a mobile browser option for its Relius Administration Web suite of products.
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The tool lets recordkeepers offer plan participants on-demand access from any mobile device to their retirement plan information, including personal data, plan status, services, account balance and transaction history. “SunGard is helping enhance the investor experience with mobile solutions that offer greater transparency and engagement,” said Sean Cunniff, senior vice president, adviser and retirement solutions for SunGard’s wealth management business. “By providing participants with immediate access to their retirement savings information, the Relius mobile solution can help plan sponsors increase participant involvement in the retirement planning process and establish a solid foundation for revenue growth.”

 

Products May 23, 2012

Arrow Introduces Institutional Share Classes to Funds

Arrow Investment Advisors launched institutional share classes for the firm’s five tactical and alternative investment mutual funds. 
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The institutional share classes eliminate the standard 12-b 1 fee, resulting in a lower overall expense ratio, and have an investment minimum of $1 million.

The funds are the Arrow Alternative Solutions Fund (NASDAQ: ASFNX), Arrow Commodity Strategy Fund (CSFNX), Arrow DWA Balanced (DWANX), Arrow DWA Tactical Fund (DWTNX) and Arrow Managed Futures Strategy Fund (MFTNX).  

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“Our introduction of  a new institutional share class is in direct response to client demand as advisers seek lower-cost access to nontraditional investment strategies such as managed futures and other alternatives,” said Day Thomas, director of Institutional Relationships at Arrow Funds.

More information is available at http://www.arrowfunds.com.

 

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