American Express Retirement Services is adding three mutual funds and two collective funds to its lineup of investments available for qualified defined contribution plan sponsors.
The funds are: AXPSM Innovations Fund, managed by senior portfolio manager Louis Giglio, investing in information technology, telecommunications and media industries; AXPSM S&P 500 and Nasdaq 100 index funds, managed by James M. Johnson Jr.; American Express Trust Balanced Fund II, a collective fund with Gordon Fines, senior portfolio manager; and American Express Trust International Fund II collective fund co-portfolio, advised by Peter Lamaison and Ian King.