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Wednesday, May 3, 2000 Busy Day In Kansas Security Management, the mutual fund subsidiary of Topeka, Kan-based Security Benefit, is launching two mutual funds and five variable annuity accounts.
The Large Cap Growth fund will be managed in-house by Cindy Shields. The fund will use the Standard & Poor's Barra Index as a "benchmark." By "benchmark," Security Benefit means that investors can expect a level of risk and volatility comparable to that index. The Technology fund is the other launch. It will managed externally by Wellington Management, and will use the Goldman Sachs Technology Industry Composite Index as a benchmark. The variable annuity accounts are Large Cap Growth, Capital Growth, Main Street Growth and Income, Small Cap Valuee and Technology. They will be managed by a combination of in-house mangers and sub-advisors. Printed from: MFWire.com/story.asp?s=25698 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |