Constancy Broadens Entry to Its Goal Date Trusts With Alts

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Constancy this week broadened the supply 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 possibility, the agency mentioned, citing its latest Plan Sponsor Attitudes Survey.

The technique beforehand was managed just for choose purchasers, a spokesperson instructed ThinkAdvisor by e mail on Thursday. It applies Constancy’s goal date funding course of to a broader alternative set that may embrace liquid and illiquid alternate options, the agency mentioned. 

Every Constancy Freedom Plus portfolio at the moment features a 5% strategic allocation in alternate options — particularly direct actual property — along with exposures in equities, bonds and short-term constructing blocks which can be much like different Constancy Freedom merchandise.

“Constancy’s funding workforce will proceed to judge further various asset lessons for inclusion within the portfolios over time,” the spokesperson mentioned.

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