RiverFront Investment Group's Moderate Growth & Income added to Morgan Stanley's Select Unified Managed Account (UMA) platform
RICHMOND, Va., Sept. 24, 2013 /PRNewswire/ -- Effective on Friday, September 20, 2013, RiverFront Investment Group's Moderate Growth & Income model has been added to the Morgan Stanley's Select Unified Managed Account (UMA) platform.
The minimum purchase is $100,000. The model will include stocks and Exchange-traded products (ETFs and ETNs).
RiverFront's Moderate Growth & Income Separately Managed Account portfolio is on the Morgan Stanley's Focus List in the category of Global Tactical Asset Allocation.
RiverFront's Moderate Growth & Income portfolio is a balanced, global strategic allocation portfolio with a tactical overlay. Currently the portfolio has approximately a 10% overweight to equities versus our benchmark of 50% S&P 500 Index and 50% Barclay's US Aggregate Index. This portfolio has an investment time horizon of 5 - 7 years.
The Select UMA platform enables Advisors to position other managers with RiverFront to create a customized investment solution suitable to each client's unique investment objectives and risk tolerance.
RiverFront's Global Growth model is also available on Select UMA. Global Growth is an all equity, global portfolio with a 10 + year investment time horizon.
About RiverFront Investment Group
RiverFront Investment Group, LLC, is an independent SEC-registered investment advisor headquartered in Richmond, Va., managing more than $3.7 billion as of August 31, 2013 in a series of global tactical asset allocation separate account and mutual fund portfolios. Majority owned by its employees, the firm provides asset management, investment advice, and leading-edge market insights. The firm was named as one of the 2013 Best Places to Work in Virginia by Virginia Business and Best Companies Group. For more information about RiverFront, please visit www.riverfrontig.com.
An investment in the Fund involves risk, including loss of principal.
Not FDIC Insured - No Bank Guarantee - May Lose Value
SOURCE RiverFront Investment Group, LLC
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