New products introduced over the last week include a new fiduciary 401(k) product from Security Benefit and Mesirow Financial and a relaunch of a China ETF from Global X.
In addition, Advisor Software introduced two new products for investment professionals, and Cole Real Estate rolled out a daily NAV Non-Traded REIT.
Here are the latest developments of interest to advisors:
1) Guggenheim’s Security Benefit Corp. Teams With Mesirow on Fiduciary 401(k) Product
Security Benefit Corp., a Guggenheim Partners Co., announced on December 12 that it is associating with Mesirow Financial to launch a new 401(k) product with fiduciary protection.
Expected to be released in Q1 2012, SecurePoint Retirement will combine the 3(38) ERISA fiduciary capabilities offered by Mesirow Financial’s Investment Strategies group in a package that includes the firm’s investment selection, monitoring, and replacement services.
Built around investment options from Security Benefit’s open-architecture, multimanager mutual fund platform,
SecurePoint Retirement relies on Mesirow Financial to make all the decisions for selecting, monitoring, reporting, and replacing the investments under their investment management agreement with the plan sponsor.
2) Global X Funds Relaunches China Technology ETF