CLS Investments Expands Investment Platform Industry-leading ETF Strategist broadens investment suite to appeal to the growing ranks of advisors looking for active or strategic portfolio management
OMAHA, Neb., Jan. 28, 2014 /PRNewswire/ -- CLS Investments, LLC ("CLS"), a leading third party money manager and ETF Strategist, announced today the expansion of its managed investment options to include 10 new portfolio management strategies utilizing strategic and active methodologies.
These strategies round out CLS's investment suite, which also heavily features strategies managed according to the firm's traditional risk budgeting methodology. CLS's risk budgeted portfolios are managed according to a "risk budget," which enables CLS's portfolio managers to keep the level of risk in the portfolio constant, even as conditions in the markets change.
"Advisors have told us that they are looking for more ways to collaborate with us on building and managing their clients' portfolios, rather than outsourcing the entire portfolio management role," said Todd Clarke, CLS CEO. "Our new investment suite provides all of the components for advisors to use a risk budgeting or strategic approach for the majority or core of the portfolio and then add in an active component as a satellite allocation, or for advisors to use the various components of our active strategies to construct their own portfolio."
CLS's new active strategies utilize an active allocation approach using only ETFs to target specific market exposures or investment themes. CLS's active portfolios will typically hold 8-12 ETFs in an effort to obtain diversification, while maintaining focus.
Portfolios built using CLS's strategic methodology are passively managed with a strategic tilt toward high quality stocks and bonds. The underlying investments are less frequently adjusted. This low turnover reduces trading costs and minimizes tax consequences, which may help performance over a full market cycle.
"In recent years, CLS has expanded its portfolio management team. We are investing in more resources and capacity, which positions us to be able to offer more flexibility and choice to advisors," said Clarke. "As a result, we are now even more equipped to offer advisors a comprehensive and holistic tool kit to create more customized portfolios for their clients."
CLS has been experiencing strong growth and now manages over $6 billion in assets for over 35,000 investors, and is available on over 250 broker-dealer and custodial platforms.
To learn more about the new investment suite from CLS, log onto www.clsinvest.com.
About CLS Investments
CLS is a third party investment manager, ETF strategist, and longtime trusted partner in the financial industry. CLS's active asset allocation approach, customizable strategy offerings, and risk management expertise has led financial advisors to entrust their clients' individual and qualified retirement plan portfolios to CLS since 1989. Today, more than 35,000 investors depend on CLS to help them reach their financial objectives.
Investing involves risk. This material does not constitute any representation as to the suitability or appropriateness of any security, financial product or instrument. There is no guarantee that investment in any program or strategy discussed herein will be profitable or will not incur loss. This information is prepared for general information only. It does not have regard to the specific investment objectives, financial situation, and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that security values may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not a guide to future performance. Individual client accounts may vary.
An ETF is a type of investment company whose investment objective is to achieve the same return as a particular market index. An ETF is similar to an index fund in that it will primarily invest in the securities of companies that are included in a selected market index. An ETF will invest in either all of the securities or a representative sample of the securities included in the index.
SOURCE CLS Investments, LLC