New products and changes introduced over the last week include a mutual fund from RiverPark and two funds from Saturna Capital.
Also, AssetMark expanded its high-net-worth solution for independent advisors; MarketGrader added two index series; SEI launched its wealth platform certification program; and Broadridge shares its “Intelligent Reports” solution to advisors in Canada.
Here are the latest developments of interest to advisors:
1) RiverPark Adds Value Fund
RFVIX seeks long-term capital appreciation by investing in the equity securities of companies that the fund’s advisor believes are trading at a substantial discount to intrinsic value. The fund will invest primarily in the securities of U.S. companies with market capitalizations in excess of $10 billion.
2) Saturna Capital Adds Two Funds
The funds will invest globally in securities of issuers rated by Saturna as low risk in the areas of the environment, social responsibility, and governance (ESG).
3) AssetMark Expands HNW Solution
AssetMark, Inc. has announced an expansion to its set of investment solutions for HNW clients. The firm has added the William Blair custom HNW strategy and the Aris custom HNW strategy.
In the William Blair custom HNW strategy, portfolios generally include a custom and tax-aware mix of U.S. and international equities and mutual funds, bonds and liquid alternative strategies.