Constancy this week broadened the provision of a goal date technique, the Freedom Plus Commingled Pool, that gives publicity to various investments.
Constancy launched 14 Freedom Plus collective funding trusts, or CITs, to the broader institutional investor market on Tuesday at a time when plan sponsors are more and more turning to those merchandise as an funding choice, the agency mentioned, citing its latest Plan Sponsor Attitudes Survey.
The technique beforehand was managed just for choose purchasers, a spokesperson instructed ThinkAdvisor by electronic mail on Thursday. It applies Constancy’s goal date funding course of to a broader alternative set that may embrace liquid and illiquid options, the agency mentioned.
Every Constancy Freedom Plus portfolio presently features a 5% strategic allocation in options — particularly direct actual property — along with exposures in equities, bonds and short-term constructing blocks which might be just like different Constancy Freedom merchandise.
“Constancy’s funding staff will proceed to judge extra various asset lessons for inclusion within the portfolios over time,” the spokesperson mentioned.
