Acuity Funds Ltd. has added a managed portfolio program to its family of mutual funds and pooled funds.
“With the launch of Alpha Portfolios, we’re giving retail investors access to a sophisticated blend of Acuity mandates within a single core portfolio solution,” said Ian Ihnatowycz, Acuity’s president and CEO, in a release.
Alpha Portfolios are designed to offer private investors institutional-style diversification and investment acumen. Each of the five new portfolios contains multiple underlying Acuity funds with exposure to a range of asset classes, market capitalizations, industry sectors and geographic regions. One of the new portfolios is unique in offering four of Acuity’s pioneering Social Values and Clean Environment funds within a single portfolio, the firm says.
The portfolios offer strategic asset allocation and optional 8% annualized tax-efficient monthly distribution.
Alpha Portfolios are offered as mutual funds with a minimum investment of $10,000, and as low-cost pooled funds for accredited investors with a $50,000 minimum, and non-accredited investors with a $150,000 minimum.
Acuity launches new managed portfolios
Program combines multiple Acuity mandates within each portfolio
- By: IE Staff
- September 11, 2007 September 11, 2007
- 11:10