of Ann Arbor, Mich., a website that tracks small and new mutual funds, has launched 12 portfolios of securities that will be managed by investment professionals whose investment decisions will be available to consumers for a $2 monthly fee, said Jim Atkinson, president of

The portfolios will be assembled and managed by and outside third parties and any changes a manager makes in the portfolio will be relayed via e-mail to investors in that particular portfolio, Atkinson said.

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