Evergreen Investments of Boston has launched a product line of nine separately managed accounts, each of which will focus on a specific investment category but allow investors to further customize their holdings.
The nine investment categories in the new product line, Evergreen Portfolio Solutions, are: domestic equity, small-cap growth, large-cap core, large-cap value, large-cap growth, core bond, multi-cap growth, international growth and international equity and fixed income.
Evergreen portfolio managers are handling investments for each of these new accounts. The investment firm plans to add additional strategies in the upcoming months, including multi-disciplinary approaches. Although the minimum investment for each of the accounts is only $50,000, Evergreen is targeting affluent and institutional investors.
The Evergreen Portfolio Solutions product line also includes tools designed for financial advisers, such as prospecting tools, sales strategies and seminars.
"Evergreen Portfolio Solutions combines the advantages of mutual funds and self-management, with the added benefit of portfolio access and efficient diversification," said Bill Ennis, CEO and president of Evergreen Investments. "Our goal is to simply provide every client with sound, time-tested strategies that achieve consistent performance through all market cycles."