Products September 13, 2012

Advantus Introduces Strategic Dividend Income Fund

September 13, 2012 (PLANSPONSOR.com) – Advantus Capital Management launched the Strategic Dividend Income (SDI) Fund.
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The fund aims to produce higher income than investment-level fixed-income products, and also to manage volatility and inflation risk in a broadly diversified equity portfolio.

The SDI Fund’s primary investment strategy is to invest in dividend-paying equity securities, such as common and preferred stock from utilities, energy, infrastructure-related, real estate-related and other companies.

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Typically, 50% or more of the fund’s total assets will be allocated to real estate securities. It may also invest up to 25% in total assets in the securities of master limited partnerships (MLPs). Furthermore, the fund may invest in exchange-traded funds (ETFs), exchange-traded notes (ETNs), Treasury inflation-protected securities (TIPs) and futures.

Lowell R. Bolken, CFA, vice president, and Craig M. Stapleton, CFA, quantitative strategies portfolio manager, will co-manage the SDI fund with Joseph R. Betlej, CFA, vice president and portfolio manager.

Kristen Heinzinger

Products September 13, 2012

Web-Based Fiduciary Educator Launched

September 13, 2012 (PLANSPONSOR.com) - AXA Equitable developed a website to inform 401(k) and 457 plan sponsors about fulfilling their fiduciary obligations.
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Fiduciary Educator features a series of videos to help plan sponsors understand the definitions of a plan fiduciary, the consequences of breaching fiduciary obligations, due diligence and procedural prudence participant communication, and how to alleviate and shift fiduciary burden.

Interactive quizzes following each video help assess if fiduciary duties are being fulfilled and whether a service provider may be of help.

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Users also have access to a library of educational materials provided by industry firms. These can be previewed online or saved in the site’s “knowledge baskets” for reference.

The site is also available to financial professionals who work with plan sponsors, and also offers educational materials tailored to this group.

Access the site here.

Kristen Heinzinger

 

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