IAA-CREF has pumped up its retail mutual fund family with six new additions. The move was made to provide a comprehensive list of investment-style options, like those utilized by Morningstar, Inc.
The new funds will be marketed both directly and through the Fidelity FundsNetwork
and the TD Waterhouse Mutual Fund Network
All but two of the new funds are passively-managed. The new funds include four specialized equity funds, a real estate securities fund and an inflation-linked bond fund. The two actively managed funds are enhanced index funds that use a quantitative approach mixed with indexing.
The New York City-based complex now offers 17 retail mutual funds.
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