Commonwealth Releases New Programs
Commonwealth Financial Network has extended its fee-based program, Preferred Portfolio Services (PPS), by offering new portfolio management and retirement programs.
Preferred Portfolio Services Select (PPS Select) is a turnkey mutual fund and exchange traded-fund wrap program providing portfolio management by Commonwealth‚s in-house research team.
Commonwealth Financial Network has extended its fee-based program, Preferred Portfolio Services (PPS), by offering new portfolio management and retirement programs.
Preferred Portfolio Services Select (PPS Select) is a turnkey mutual fund and exchange traded-fund wrap program providing portfolio management by Commonwealth‚s in-house research team.
Commonwealth also has released a proprietary fee-based 401(k) platform, Preferred Portfolio Services Retirement Solutions (PPS Retirement Solutions), which allows an advisor to elect Commonwealth to handle day-to-day portfolio management including asset allocation, fund selection and rebalancing, freeing time to spend with clients and prospects.
PPS Select offers five distinct model portfolios that include mutual fund and ETF choices. The models are directed by professional money managers make choices for their portfolios without product bias.
With PPS Retirement Solutions, Commonwealth reps now can offer corporate clients a competitive retirement plan providing full transparency and disclosure within the context of a fee-based investment advisory relationship. It‚s an open-architecture 401(k) plan that can play a key role in a financial professional‚s strategy for increasing his or her assets under management.
Financial professionals can choose from among 12,000 funds–including NTF and load-waived funds, institutional class funds, and ETFs–and recommend the most appropriate investments for their clients and their employees.
For more information visit http://www.commonwealth.com.

Raymond James Introduces Charitable Fund
The Raymond James Charitable Endowment Fund, a tax-qualified public charity, is now available.
Gifts to this donor-advised fund are eligible for immediate federal tax deductions. Donors can open accounts with donations in cash or marketable securities of $10,000. Subsequent contributions must be at least $500. Donors also can name their accounts, as with a private foundation, and pass it on to their heirs.
For additional information visit http://www.myfamilyfoundation.org or http://www.raymondjames.com/DonGillis.

Rydex Doubles Funds‚ Pricing Capabilities
Rydex Investments today announced twice-a-day pricing capabilities for a selection of Rydex mutual funds via National Financial, the clearing provider for Rydex Financial Services.
The new capabilities match the pricing functionality offered direct through Rydex since 2000. Select Rydex funds on the National Financial platform will offer pricing at 10:45 a.m. and 4:00 p.m.
For more information call 800.820.0888 or visit http://www.rydexinvestments.com.
 
MSC Starts 2007 Education Program
Mutual Service Corporation (MSC) is launching a new education program for 2007, focusing on advanced training in specific topics and with more on-site support.
MSC will offer three Advanced Training Symposiums throughout the year. Each two-day, focused education program will cover one topic, including insurance, retirement planning and practice management.
More information is available at http://www.mutualservice.com.
 
Fidelity Launches Four Sector Funds
Fidelity Investments has launched the Fidelity Advisor Consumer Staples Fund, Fidelity Advisor Gold Fund, Fidelity Advisor Materials Fund and Fidelity Advisor Telecommunications Fund. Class A, T, B, C and Institutional shares are available.
Fidelity offers advisors and their clients access to 92 Advisor funds. The funds are part of a restructuring of Fidelity‚s Select Portfolios, Advisor Focus Funds and VIP sector funds to make tracking performance easier.
For more information visit https://advisor.fidelity.com.
 
Dow Jones, Wilshire, Launch ETF
Dow Jones Indexes and Wilshire Associates Incorporated have launched the streetTRACKS DJ Wilshire International Real Estate ETF (RWX) on the American Stock Exchange. It is based on the Dow Jones Wilshire exUS Real Estate Securities Index.
The net total return version of the index has been licensed to State Street Global Advisors.
The Dow Jones Wilshire Global exUS Real Estate Securities Index measures the performance of publicly traded global real estate securities outside the U.S.