Strategic Income Management (SiM) has added three new asset allocation mutual funds to its product lineup. The portfolios are funds of funds that will majorly invest in exchange-traded funds (ETFs).

The funds will offer a range of asset allocation models to investors and their financial advisers, which can be used to build core holdings for a broad spectrum of investors. The three new portfolios are the SiM Dynamic Allocation Diversified Income Fund, the SiM Dynamic Allocation Balanced Income Fund and the SiM Dynamic Allocation Equity Income Fund.

Click here for the release from Market Wire.