Hennion and Walch, a small New Jersey fund firm, is introducing ETFs into 401k plans by wrapping them in mutual funds. Chief Investment Officer Kevin Mahn said the SmartGrowth ETF Lipper Optimal Conservative Index, SmartGrowth ETF Lipper Optimal Moderate Index and SmartGrowth ETF Lipper Optimal Growth Index funds have made their way into 401(k) plans administered by leading companies, including Fidelity Investments.

The growth fund is the largest of the three, with $14.8 million in assets and an annual return of 6.37%. The moderate fund holds $3.6 million in assets and has a growth rate of 6.66%. The conservative fund is the smallest, with only $503,000 in assets, offering a growth rate of 4.9%.

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