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CIA in the Press

ETF Portfolio Ranked #1 By Morningstar

The Wela Agg Yield was classified in the global all-asset tactical group and was ranked at the top for 1 year returns out of 31 ranked managed ETF portfolios. According to Morningstar, professional money managers are packaging portfolios of ETFs into investment strategies to meet a wide array of investor demands, and thanks to the continual development of individual ETFs they are providing access to both stand-alone investment strategies and one-stop, complete-solution offerings. "Our Wela Agg Yield is a unique blend of income-producing investments that aim to generate a consistent cash flow in a low and rising interest rate environment" explains Mitch Reiner, Managing Partner of Wela Strategies and COO of Capital Investment Advisors. "Therefore, in an age where 10 year yields are below 2 percent and America's baby boomers are retiring, the need for an income solution is upon us."

*please note there is a misprint in the published article and Wela is ranked number one in the country and not county.

Please follow the link for more information: http://www.marketwatch.com/story/wela-strategies-wela-agg-yield-ranked-as-the-1-tactical-global-etf-strategy-by-morningstar-report-2012-09-11


 

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