NEW YORK, Sept. 22, 2005 (PRIMEZONE) -- Arrivato Advisors LLC ("Arrivato Advisors") announced today the introduction of The Arrivato Dow Jones U.S. Target Date Funds ("the Funds"). This is the first family of products based on the newly created Dow Jones U.S. Target Date Indexes and results from a licensing agreement between Arrivato Advisors and Dow Jones Indexes, a division of Dow Jones & Company. The Arrivato Dow Jones U.S. 2010 Fund, the Arrivato Dow Jones U.S. 2015 Fund, the Arrivato Dow Jones U.S. 2020 Fund, the Arrivato Dow Jones U.S. 2030 Fund, and the Arrivato Dow Jones U.S. 2040 Fund are designed to track the overall performance of the Dow Jones U.S. Target Date Indexes, less operating expenses. Each fund strives to reduce its risk by automatically rebalancing its asset class allocations as the target dates approach.
"With Dow Jones' outstanding reputation in the industry for accurate and independent financial analysis, we are delighted to introduce the first target date mutual funds based on the Dow Jones U.S. Target Date Indexes," said Eric Rubin, President of Arrivato Advisors. "The Target Date concept has attracted a great deal of investor attention in recent months. We believe the Funds, by utilizing the Dow Jones methodology, offer a needed solution for investors, who without the time or inclination to make complicated asset allocation decisions, may neglect to maintain the savings necessary for a particular life event."
Each of the Dow Jones U.S. Target Date Indexes is comprised of 10 underlying indexes representing equities, bonds, and cash. These asset class indexes are weighted according to the specific investment time horizon. This strategy enables investors to select a single diversified account comprised of a combination of equity and fixed income securities that gradually adopts a more conservative asset allocation with the approach of the Fund's target date.
Each Fund seeks to provide capital appreciation and current income consistent with its current asset allocation. The initial asset allocation for each of the Funds is as follows:
-- 2010 Fund: 18% equity investments /75% fixed income investments/7% cash
-- 2015 Fund: 35% equity investments/61% fixed income investments/4% cash
-- 2020 Fund: 51% equity investments/45% fixed income investments/4% cash
-- 2030 Fund: 79% equity investments/17% fixed income investments/4% cash
-- 2040 Fund: 90% equity investments/6% fixed income investments/4% cash
Unlike most other target date funds, which are comprised of shares of various complex "fund of fund" mutual funds, the Funds rely on the financial expertise of a leading innovator, Dow Jones Indexes, as the sole provider of the Funds' methodology. Dow Jones Indexes is committed to the creation of indexes that are accurate, objective, and fully transparent.
According to Rubin, "The Funds are designed to ease the complexities commonly associated with retirement planning and should appeal to both plan sponsors and participants. Additionally, the Arrivato Dow Jones U.S. Target Date Funds are an excellent option for IRA accounts, college savings plans, and supplemental savings funds. This 'set it and forget it' investment approach can be useful for any savings program oriented toward a time-specific goal."
Investing in the Funds involves risk. Equity securities are more volatile and carry more risk than other forms of investments. Investments in fixed income securities are subject to interest rate risks. The principal value of a bond falls when interest rates rise and rises when interest rates fall. During periods of rising interest rates, the value of a bond investment is at greater risk than during periods of stable or falling rates. For more complete information, request a prospectus by visiting www.arrivatofunds.com or calling 866-410-2005. You should read and consider the fund's investment objectives, risks, charges and expenses carefully before you invest or send money. Information about these and other important subjects is in the Funds' prospectus. The Funds are new to the market and possess no performance history. There is no guarantee that the Funds will achieve their objectives. Shares of Arrivato Dow Jones U.S. Target Date Funds are distributed by BISYS Fund Services Limited Partnership, which is not affiliated with Arrivato Advisors, LLC.
About Arrivato Advisors, LLC
Arrivato Advisors LLC is a registered investment management firm, founded to serve as an investment advisor for both institutional and retail investors. Based in New York's Empire State Building, the Company offers a wide range of domestic equity and fixed income products and has obtained a license from Dow Jones Indexes to offer new and innovative financial products based upon specific indexes. With more than 40 years of combined investment advisory and mutual fund experience, the firm's two senior officers founded Arrivato with the goal of offering quality investment products to reach specific objectives, while respecting unique time horizons and tolerances for risk. Please visit us on the web at www.arrivatofunds.com.
The Arrivato Advisors, LLC company logo can be found at http://www.primezone.com/newsroom/prs/?pkgid=1915