MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, October 11, 2006 XTF Targets Retirement With Six New Portfolios Exchange traded funds, funds of ETFs, and target date funds and portfolios, beware; an ETF-specialist is combining products to market six new retirement-geared portfolios. XTF announced the release six "Target Maturity Portfolios" build from ETFs: XTF Target Maturity 2030+, XTF Target Maturiy 2025, XTF Target Maturity 2020, XTF Target Maturity 2015, XTF Target Maturity 2010 and XTF Target Maturity 2005 (The Present. According to the release, the new products are geared towards SMAs, FAs, and retirement plans like 401(k)s, a goal XTF's CEO Michael Woods echoes. "Our Target Maturity Portfolios take guesswork out of how to save over the long-term, while offering the benefits of ETFs, including asset allocation, low fees, tax-efficiency and full transparency," Woods stated. "XTF is well-positioned to serve the needs of investors planning for retirement." The 2005 fund currently allocates half of its assets to equity ETFs and half to fixed income ETFs, with the later maturity date funds having more equity-heavy portfolios (2030+ currently invests only in equity ETFs) that shift to 50-50 by their maturity date. Printed from: MFWire.com/story.asp?s=13008 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |