BBVA said that the six SmartPath Diversified Portfolios will utilize an actively managed selection of mutual and exchange-traded funds to provide diversification of client assets across a mix of global equity, fixed income, commodities and other markets.
Each of the six SmartPath Diversified Portfolios is intentionally diversified across a variety of factors so that clients may pursue a wide range of investment opportunities.
With models ranging from conservative to aggressive growth, each portfolio is groomed to be appropriate for individual investment objectives, said BBVA.
BBVA Compass senior executive vice president and head of wealth management Bill Helms said that the SmartPath Diversified Portfolios are purposefully built from asset classes that exhibit offsetting behavior.
"By making this part of our investment process, we seek to greatly limit portfolio fluctuation and augment long-term return potential," Helms said.
BBVA Wealth Solutions CEO John Sawyer said that through the implementation of Personal Investment Profile, the company will able to identify each individual investor’s tolerance for risk, liquidity needs and time of investment, which helps to create the best possible scenario for a positive experience for each investor.
"In addition, because our strategy is based on diversification through asset allocation, we are confident that our four step institutional model, which includes monitoring the volatility parameters of each portfolio, will assist BBVA Wealth Solutions in establishing and maintaining a positive risk-return relationship for each customer seeking to expand their investment options," Sawyer said.
