(February 15 – 14:30 ET)- AIM Funds Management, Fidelity Investments and ING Group are collaborating to distribute a new family of diversified equity portfolios.

Available through financial advisors, the Ensemble Portfolios, managed by ING Funds, consist of six all-equity “portfolios” in a fund-of-funds structure.

According to Doug Paul, Managing Director of ING Funds, the three global investment firms have combined their efforts to create a simple and integrated solution that meets the needs of investors. “By joining forces, we were able to skillfully create portfolios that will provide growth potential while reducing exposure to risk through market, sector, style and geographic diversification in a number of leading equity funds.”

According to Paul, “the Ensemble Portfolios also constitute an affordable wrap program since investors can participate in these portfolios for as little as of $5,000 initially and $100 for subsequent investments.” Each portfolio is comprised of up to 12 underlying funds

Each of the Ensemble portfolios is constructed to meet the requirements of three distinct risk/return investor profiles — conservative, moderate and aggressive. The portfolios are available for both RSP and non-RSP accounts.

According to ING, the six portfolios will offer market, sector, style and geographical diversification and are designed to provide long-term growth while reducing potential exposure to risk.
-IE Staff