The new fund is designed to provide a distinct approach to deep value investing. The firm manages equity, fixed income and balanced separate accounts for individuals and institutions.
Peak Advisor Alliance Unveiled
Peak, a financial advisor coaching and consulting firm in Omaha, Neb., is relaunching itself as Peak Advisor Alliance with new features and tools.
The rebranded firm will have a community environment that fosters learning and sharing of best practices, as well as new content for advisors to track their progress and coaching from trained professionals. A public version will include a daily blog and Twitter for advisors and a members-only version will provide new strategies, an interactive member message board and personal tracking tools. Additional information is available at www.peakadvisoralliance.com.
Vanguard Launches International ETF
Vanguard is introducing the Vanguard Total International Stock ETF, which seeks to track the MSCI All Country World ex USA Investable Market Index. The new fund will have an estimated expense ratio of 0.20%, which is more than 60% lower than the average expense ratio of competing ETFs. The new ETF is a separate share class of the Vanguard Total International Stock Index Fund.
Jackson Introduces LifeGuard Freedom Flex
Jackson National Life Insurance Co. has created the company's first customized guaranteed minimum withdrawal benefit for its Perspective variable annuities. Investors who elect the optional benefit can grow their guaranteed withdrawal balance by selecting an annual bonus ranging from 5% to 8% in years when no withdrawals are taken.