For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products October 25, 2004
Fund Firm Launches Three Asset Allocation Products
October 25, 2004 (PLANSPONSOR.com) - HighMark Funds
has unveiled three asset allocation funds: the Income Plus
Allocation Fund, the Growth and Income Allocation Fund, and
the Capital Growth Allocation Fund.
Reported by Fred Schneyer
A HighMark news release said the new funds combine an active management approach in a “Dual Alpha” methodology that seeks to maximize results by taking advantage of two sources of excess return. In addition, the funds provide access to leading investment management and a simplified administration process to better manage client assets, the company said.
The management of these new funds is headed by HighMark Chief Investment Officer – Equity David Goerz. “These portfolios utilize a disciplined investment process that, we believe, adds value for our clients and results in a more intelligent, flexible way to manage money,” Goerz said in the statement.
HighMark Funds will promote the launch of these three new funds through a nationwide series of road shows, including a Due Diligence meeting on Friday, October 29 in San Francisco. For further information on these events, as well as HighMark’s new asset allocation portfolios, call HighMark at 800-455-5609.