Genworth Financial Wealth Management is planning to launch six new mutual funds, including four asset allocation funds, a fixed income fund and a real return fund, MutualFundWire reports. The GuideMark Global Real Return Fund will be sub-advised by State Street Global Advisors, while the GuideMark Opportunistic Fixed Income Fund will be sub-advised by Franklin Templeton and Loomis Sayles. The GuidePath Absolute Return Asset Allocation Fund, the GuidePath Strategic Asset Allocation Fund, the GuidePath Tactical Constrained Asset Allocation Fund and the GuidePath Tactical Unconstrained Asset Allocation Fund will be managed by Michael Abelson and Zoe Brunson of Genworth.
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