The Phoenix Companies Inc. is introducing 3 Pholio family asset-allocation funds.[@@]

The “Pholio funds,” or “Phoenix Life Investment Options funds,” will include the Phoenix Wealth Accumulator Pholio fund, which will invest in domestic stocks, international stocks and “alternative investments”; the Phoenix Wealth Preserver Pholio fund, which will put 60% of its assets in fixed-income securities and 40% in the kinds of investments used in the Wealth Accumulator fund; and the Phoenix Conservative Income Pholio fund, which will invest 20% of its assets in stocks and 80% in fixed-income securities.

The managers of the investment portfolios retain the right to use futures, options and swap agreements, Phoenix says.