Products July 2, 2007

Fifth Third Brings Out 130/30 Offering

July 2, 2007 (PLANSPONSOR.com) - Fifth Third Asset Management, Inc. (FTAM) has unveiled a Structured Large Cap Plus offering featuring a 130/30 strategy to add to its institutional lineup.
Reported by

According to a news release, the new product will be managed by FTAM’s Quantitative Strategies Group.

It will feature a strategy that seeks to outperform the S&P 500 Index with a target active risk between 3%-4% and a target short position of 30%, according to the announcement.

“Quantitative investing and 130/30 strategies are highly complementary.” said Mark Koenig, Managing Director of Quantitative Strategies at FTAM, in the news release. “The ability to take limited short positions in the portfolio allows us to express negative views on smaller stocks in the benchmark.”

More information is at https://www.ftam.com/wps/portal/ftam .

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