Bringing you live news and features since 2006 

Strategic Income Management announces new asset allocation mutual fund lineup


Strategic Income Management (SiM) has launched three new asset allocation mutual funds. The funds are the latest additions to SiM’s product lineup which also includes asset allocation UIT’s sponsored by First Trust, a high yield bond fund that SiM sub advises for American Beacon Advisors, Inc, and separately managed asset allocation accounts.

The funds, SiM Dynamic Allocation Diversified Income Fund (SDDAX), SiM Dynamic Allocation Balanced Income Fund (SDBAX), and SiM Dynamic Allocation Equity Income Fund (SDEAX), are funds of funds that will invest primarily in ETFs. They will provide investors and their financial advisers with an array of asset allocation models which can be used to build core holdings for a broad spectrum of investors.

Although each of the funds will have varying degrees of exposure to equities and fixed income, all of the Funds will have a value driven, income bias. The Diversified Income Fund is a conservative strategy focusing on the generation of current income. The Balanced Income Fund is a moderate strategy balancing equities and income producing securities, while the Equity Income Fund will be the most aggressive strategy in the lineup, emphasising equities.

SiM was founded in 2010 by Randy Yoakum and Gary Pokrzywinski. Yoakum is the former Managing Director, Senior Portfolio Manager – Asset Allocation at Principal Financial/Edge Asset Management (formerly WM Advisors), and Pokrzywinski is the former Managing Director Fixed Income – Senior Portfolio Manager and Chief Investment Officer for Principal Financial/Edge. Yoakum and Pokrzywinski are joined at SiM by senior members of their research teams from Principal/Edge. Each of the Funds will utilise the disciplined, time tested, proprietary investment strategy and process developed by Yoakum and Pokrzywinsk over their 25+ year careers in investment management, including their time together at Principal/Edge, and its predecessor WM Advisors. All of the Funds will incorporate the High Yield expertise of Pokrzywinski and his high yield team at SiM.

SiM has entered into a marketing services agreement with Piedmont Capital Distributors in relation to the marketing and wholesaling of the funds. Piedmont Capital Distributors is a national marketing firm with extensive experience serving the needs of asset managers in the US. Piedmont’s founders and senior management, as well as several members of its nationwide wholesaling team, were formerly key components of Principal Financial/WM Advisors’ wholesaling efforts.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by