Investments rebalance to become more conservative as owner nears retirement. Indexed investment provider XTF has launched six Target Maturity Portfolios (TMPs) that control risk and returns for long-term investors by adapting to market and economic conditions and adjusting the mix of equity and fixed income depending on proximity to the investor's actual retirement.

Time sensitive

"As [exchange-traded funds (ETFs)] continue to grow in popularity and gain a greater share of investor dollars from mutual funds and other investment vehicles, XTF is well-positioned to serve the needs of investors planning for retirement," says XTF CEO Michael Woods. "Our [TMPs] take guesswork out of how to save over the long-term, while offering the benefits of ETFs [such as] asset allocation, low fees, tax-efficiency and full transparency."

These TMPs can be purchased in by individual investors, through financial advisors or integrated into a variety of retirement options including 401(k) plans, various annuity products, and options like unit investment trusts.

New York-based XTF, a investment-platform provider to financial advisors of all stripes says it has a track record of administering actively managed ETF portfolios.

XTF, which is about a year old, had around $70 million in assets under management, according to its latest ADV filing with the Securities and Exchange Commission. -FWR

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