Ephraim Global, the Tokyo-based asset management company, had announced today the introduction of the Ephraim Global Retirement Revenue Fund series created to assist defined contribution participants progress from capital accumulation to spending during retirement.
Transitioning retirement savings into liquid capital is a complicated process for most plan participants that are aware of the expenditures associated with retirement but have low confidence regarding sources of income.
The Ephraim Global Retirement Revenue series was created for participants who are advancing towards or are presently in retirement and pursue a direct payout program to help offer more certain capital distribution from their investment account during retirement.
“We are glad that through our efforts we can provide innovative solutions to the retirement industry. These funds are designed to assist participants organize an optimal cash flow from their account balance in order to meet future retirement spending” said Caleb Gotch, Senior Vice President at Ephraim Global. “The profits can be utilized to meet present expenses or can be reinvested in any other fund within the series. The adaptability of this ingenious approach seeks not only to ease retirement spending in a much more direct manner, its flexible nature allows participants to modify their strategy as they consider fit”.
This innovative product reflects Ephraim Global’s endeavors to offer straightforward, constructive solutions to a continuously evolving retirement environment, positioned to assist plan participants to not only accumulate for retirement but also to successfully transition to the next stage of their lives.
“Aside from facilitating withdrawal for plan participants, the fund series’ structure reduces some of the issues with currently planned retirement revenue solutions such as fiduciary or portability challenges.” Mr. Gotch added.
Commenting on the introduction of the new fund series’, Hajime Fujiharu, Chief Operating Officer at Ephraim Global, said, “Thanks to the Ephraim Global Retirement Revenue Fund series, we can merge the fundamental repayment aspects of individual bonds with the potential for diversification specific for conventional fixed income funds”.
About Ephraim Global
Founded in 2005, Tokyo-based Ephraim Global is an international asset management group serving clients around the world. The company offers a wide range of financial advisory and planning services, bond and mutual funds, diversified asset portfolios, pension plans and account management for private and institutional clients alike, focusing on diversification, extensive research and a risk-aware investment approach.
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