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March 26, 2012
Bank of America said recently that it launched the Merrill Edge Select Portfolios to give its mass-affluent clients access to actively managed, diversified portfolios with a minimum balance requirement of $20,000 and a 1% yearly management fee.
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By Marlene Y. Satter, AdvisorOne |
February 24, 2012
New products introduced over the last week include seven new ETFs from iShares and one new fund from Seafarer Capital Partners. In addition, Invesco introduced two new high-beta ETFs.