TCW Launches Four New Mutual Funds.TCW TCW Total Carat Weight TCW Temporal Cold War (Star Trek Enterprise) TCW Troop Carrier Wing TCW Turnbuckle Championship Wrestling TCW Tasty Coma Wife (Scrubs episode) LifePlan Fund Series Offers Investors Risk-Based Asset Allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. Strategies LOS ANGELES -- The TCW Group, Inc., today announced the launch of the TCW LifePlan Fund Series, a group of four asset allocation mutual funds Asset allocation mutual fund A mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk. combining the best of the firm's equity and fixed-income investment strategies. The TCW LifePlan Fund Series offers retail investors various levels of risk and expected return Expected Return The average of a probability distribution of possible returns, calculated by using the following formula: based on individual investment objectives, with the ultimate goal of helping investors effectively meet their long-term financial goals. The asset allocation strategy for each fund will be managed by a team of experienced investment professionals led by TCW Chief Global Strategist A Chief Global Strategist (CGS), or chief strategist, is the one of the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of the global strategy and global expansion of a corporation, company, Komal Sri-Kumar. "We have chosen the four funds in the LifePlan series carefully, taking into consideration both the investors' need to plan for their future, as well as TCW's strengths in a variety of investment disciplines - equities and fixed income, domestic and international," Mr. Sri-Kumar said. "We believe investment returns will be increasingly important to Americans as they realize that they are going to live longer than their parents and, at the same time, that Social Security will not adequately meet their needs." Here is a brief description of the funds that make up the TCW LifePlan Fund Series: * The TCW LifePlan Conservative Fund (TGPCX) will invest approximately 60% of fund assets Fund assets The total value of a portfolio's securities, cash, and other holdings, minus any outstanding debts. in bonds and 40% in equities, although this allocation will vary based on TCW's assessment of market conditions. This fund is appropriate for investors seeking capital preservation with some potential for capital appreciation, and for investors who require current income but can tolerate some market volatility. * The TCW LifePlan Moderate Fund (TGPMX) will invest approximately 60% of fund assets in equities and 40% in bonds, although this allocation will vary based on TCW's assessment of market conditions. This fund is appropriate for investors seeking modest capital appreciation who also require current income, and for investors seeking long-term capital growth in a context of limited volatility. * The TCW LifePlan Aggressive Fund (TGPAX) will invest approximately 80% of fund assets in equities and 20% in bonds, although this allocation will vary based on TCW's assessment of market conditions. This fund is appropriate for investors seeking capital appreciation with some downside protection Downside Protection Generally used in connection with covered call writing, this is the cushion against loss, in case of a price decline by the underlying security, that is afforded by the written call option. , and for investors seeking long-term capital gains Long-term capital gain A profit on the sale of a security or mutual fund share that has been held for more than one year. with moderate volatility. * The TCW LifePlan Global Aggressive Fund (TGPBX) will invest approximately 75% of fund assets in U.S. and international equities and 25% in U.S. and international bonds, although this allocation will vary based on TCW's assessment of market conditions. This fund is appropriate for investors seeking capital appreciation in a context of international exposure, and for investors seeking to diversify U.S. holdings with exposure to non-U.S. Investments. About Komal Sri-Kumar Mr. Sri-Kumar is a Managing Director and Chief Global Strategist of The TCW Group. He Chairs TCW's Comprehensive Asset Allocation Committee, which allocates investments across a broad spectrum of TCW strategies based on investor guidelines. Prior to joining TCW in 1990, Mr. Sri-Kumar was Senior Vice President at Drexel Burnham Lambert Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in the 1980s by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. and Executive Vice President of DBL DBL Double DBL Disability DBL Down By Law (band) DBL Database Language DBL Drexel Burnham Lambert (defunct investment bank) DBL Distance Between Lenses DBL Don't Be Late Americas, responsible for country risk analysis. Before Drexel, he was President of the New York-based Country Risk Consulting Service, which he founded to advise Big Eight accounting firms and investment and commercial banks on Latin American countries' debt service capacity. Mr. Sri-Kumar holds an MA from the Delhi School of Economics Delhi School of Economics, started in 1949, is a conglomerate of three departments, under the Faculty of Social Sciences at the University of Delhi. History Shortly after independence, a group of visionaries led by Professor V.K.R.V. , and M.Phil. and PhD degrees from Columbia University. About TCW Founded in 1971, The TCW Group develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients' wealth. The firm has approximately $145 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . TCW clients include many of the nation's largest corporate and public pension plans, financial institutions, endowments and foundations, as well as a substantial number of foreign investors and high net worth individuals. TCW is a subsidiary of Societe Generale Asset Management, which has approximately $460 billion under management and is a division of Societe Generale Group. For information on the TCW Funds, please call 1-800-TCW-FUND (1-800-386-3829) or visit us on the web at www.tcw.com. You should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. For more complete information about the Fund, including a discussion of investment objectives and policies, risk considerations, charges and operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. call (800) 386-3829 for a free Prospectus or you may download the Prospectus from the Fund's website at www.tcw.com. Read it carefully before you invest or send money. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion