ETF Trends
ETF Trends

Hennion Walsh Asset Management has come out with a mutual fund of
exchange traded funds (ETFs). This presents a diversified, low-cost
alternative for investors and is set up as a target-date fund.

Thanks to the varying levels of risk each fund contains, the SmartGrowth mutual
funds can be an option for investors considering retirement, whether it’s a long way off or just around the corner.

There are three
risk/reward options ranging from conservative to growth portfolios. The
funds are:

  • SmartGrowth ETF Lipper Optimal Conservative Fund (LPCAX)
  • SmartGrowth ETF Lipper Optimal Moderate Index (LPMAX)
  • SmartGrowth ETF Lipper Optimal Growth Index Fund (LPGAX)

Each tracks the Optimal Target Risk Index, launched in January 2007 by Lipper.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.