GPS will enables advisors to tap into GFWM’s four asset allocation approaches, plus alternative investments, in a single package.
Genworth said in contrast to relying on simple stock-and-bond diversification, GPS strategies will incorporate various asset allocation approaches, including strategic, tactical constrained, unconstrained, and absolute return.
Some of these asset allocation approaches will aim to capture the tailwinds of rising markets and others seek to help protect portfolios from volatility and mitigate downside risk.
GPS will combine approaches to create a unified strategy that is positioned for both up and down markets.
According to the Genworth, the GPS strategies can also be matched by an advisor to each client’s investment objective, risk tolerance and the long-term market outlook to identify an investment mix suited to their individual goals. The minimum investment is $25,000.
