Meeder Financial has rolled out a multi-sector bond fund, the Flex-funds Total Return Bond Fund. The offering seeks total return consistent with preservation of funds by allocating 80% in bonds, which include fixed income securities and bond mutual funds.

The fund, which is managed by an investment team utilizing a multi-factor tactical asset allocation discipline, will hold other fixed income mutual funds and ETFs. The product may also hold individual securities and invest in other fixed income spaces, including high-yield bonds and emerging market bonds.

Click here for the release from Market Wire.