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Monday, January 30, 2006

New Fund Focuses on Efficient Frontier and ETFs

The Symphony Wealth Management Group today announced the launch of their new Ovation Fund, a dynamic asset allocation fund which utilizes Exchange Traded Funds (ETFs) as its underlying holdings. The Ovation Fund is managed by Dr. William Breen, Emeritus Professor at The Kellogg School of Management at Northwestern University, where he served as Chairman of the Finance Department. Dr. Breen said, "With the Ovation Fund, we've combined the power of a dynamic asset allocation framework to take advantage of changing market conditions, with the exceptional control that ETFs provide, and have created an investment strategy that we believe gives investors a better opportunity to realize the efficient frontier we've all heard so much about." The Class C shares carry no initial load, but have a contingent deferred sales charge of 1.5%, up to 12 months from purchase. For more information see the press release or visit the firm's web site.
Posted by KenW at 7:53 AM
Edited on: Monday, January 30, 2006 7:55 AM
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