IBJ Schroder Bank & Trust introduced an asset allocation product for...

IBJ Schroder Bank & Trust introduced an asset allocation product for small pension funds and individuals using customized portfolios of no-load mutual funds. The IBJ Schroder Managed Allocation Program is available to investors with a minimum $250,000 investment, for an annual management fee of 0.5% of assets. It will evaluate the client's objectives and risk tolerance and formulate an asset allocation among nine asset classes, using the universe of no-load mutual funds.