Parametric Eaton Vance Expands Investment Options

Parametric Eaton Vance has been expanding its investment options, offering a wide range of choices to suit different investor needs.

The firm has introduced a new suite of parametric equity strategies, which allow investors to customize their portfolios based on specific risk and return objectives.

These strategies are designed to provide more flexibility and control over investment decisions, giving investors the ability to adjust their portfolios in response to changing market conditions.

By offering more investment options, Parametric Eaton Vance aims to provide investors with greater choice and flexibility in their investment decisions.

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Eaton Vance is repositioning its Parametric mutual funds to better highlight their unique investment approach.

Effective March 1, 2013, the funds will be renamed to reflect their structured and rules-based investment strategies.

The funds will also offer two share classes, Institutional Class and Investor Class, both at net asset value (NAV).

The sales charge for Investor Class shares will no longer be in effect, and the initial minimum investment for Institutional Class shares will be lowered from $250,000 to $50,000.

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Parametric employs a systematic investment approach that is distinctly different from other Eaton Vance-sponsored funds.

As of December 31, 2012, Parametric managed $91.7 billion in assets on behalf of institutions, high-net-worth individuals, and fund investors in the U.S. and internationally.

Parametric operates from investment centers in Seattle, WA, Minneapolis, MN, and Westport, CT.

The funds may engage in investment practices that involve additional risks, and investors should review each fund's prospectus for a complete description.

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Parametric Eaton Vance offers a range of differentiated ETF solutions that cater to diverse investment needs.

These solutions include fixed income ETFs, such as the Eaton Vance Total Return Bond ETF (EVTR), which seeks above-average total return over a market cycle of three to five years.

The Eaton Vance Floating-Rate ETF (EVLN) provides a high level of current income.

The Eaton Vance High Yield ETF (EVHY) also seeks to provide a high level of current income.

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In addition to fixed income ETFs, Parametric Eaton Vance offers equity ETFs, such as the Parametric Equity Premium Income ETF (PAPI), which seeks to provide consistent monthly income while maintaining prospects for capital appreciation.

The Parametric Hedged Equity ETF (PHEQ) aims to provide capital appreciation while limiting losses experienced by investors through the incorporation of an option overlay hedge strategy.

The Calvert US Large-Cap Core Responsible Index ETF (CVLC) tracks the performance of the Calvert US Large-Cap Core Responsible Index, making it a great option for those looking for an index-based approach.

Here is a summary of the different ETF solutions offered by Parametric Eaton Vance:

These differentiated ETF solutions offer investors a range of options to suit their unique needs and goals, making it easier to achieve their investment objectives.

Eaton Vance is a Boston-based asset management firm that's well-positioned to capitalize on the growing trend of direct indexing.

The firm is investing in new technologies to revamp its business model, improve efficiency, and better serve clients.

Global assets dropped 4% to $74 trillion in 2018, according to a study by Boston Consulting Group.

Net inflows came in at $944 billion last year, well below the $2.15 trillion of 2017.

Actively managed assets accounted for most of the declines last year as investors shifted towards lower-fee indexing and alternatives.

Direct indexing, a trend that's gaining ground, is a competitive advantage for Eaton Vance.

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Parametric is a market leader in the individual separately managed account (SMA) business due to its proprietary Custom Core SMAs solution.

Eaton Vance's individual SMA fixed income assets, worth nearly $40 billion, will be transferred to Parametric.

Parametric's proprietary optimization technology allows clients to create their own indexes by combining existing indexes or benchmarks.

This approach offers increased control over portfolio construction and management, similar to ETFs and index funds in terms of tax efficiency and low fees.

Parametric will manage about $285 billion, or 61% of the firm's total assets, after the transfer of assets is complete in 2020.

Eaton Vance's CEO, Thomas Faust, aims to further solidify Parametric's position as market leader and position the business for accelerated growth.

Parametric's solutions set will be expanded with customized benchmark-based separate accounts and investing in technology to enhance client service and realize operating efficiencies and scale economies.

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