Kravitz, along with partner Payden & Rygel, now offers an investent strategy designed exclusively for Cash Balance Plans. The Payden/Kravitz Cash Balance Plan Fund is the first and only mutual fund designed exclusively for Cash Balance Pension Plans. It is designed to offer Cash Balance retirement plan sponsors and their advisors access to a strategic investment solution. The Fund goes one step beyond current solutions by offering an institutionally managed investment strategy specifically developed for Cash Balance Plans with the convenience and ease of a mutual fund. For retirement plan intermediaries and Cash Balance Plan sponsors, the new fund removes the burden of investing for a very complex pension plan while simplifying performance monitoring.

The Payden/Kravitz Cash Balance Plan Fund, each year, seeks to earn a net rate of return, after expenses, that is equivalent to the 30-year Treasury Securities Interest Rate with as little deviation as possible. Investment performance that deviates from the 30-year Treasury Securities Interest Rate results in uncertainty in the future contributions for the Cash Balance Plan. The more the deviation, the greater the uncertainty in future contributions.

Founded in Los Angeles, California, in 1983, Payden & Rygel manages more than $54 billion in assets from offices in Los Angeles, London, Dublin, Frankfurt and Hong Kong. Their client list includes an impressive array of corporations, foundations, public funds and union plans. Their product scope is no less impressive - US and global fixed-income and equity funds as well as leading-edge absolute-return strategies. Their approach to investment management focuses first and foremost on managing risk.

To view the fund fact sheet, click here. For more information on The Payden/Kravitz Cash Balance Plan Fund, or to request a prospectus, please contact David Hilton at dhilton@payden-rygel.com.