Accretive Asset Management Head of Product Development Publishes Article in FAJ

Research article in Financial Analysts Journal Examines Impact of Index Construction Rules on Fixed Income Portfolio Returns
 
NAPERVILLE, Ill. - June 12, 2013 - PRLog -- Darrin DeCosta, Head of Product Development for Accretive Asset Management, has co-authored an article that was published in the May/June 2013 edition of the CFA Institute Financial Analysts Journal.

The article, entitled “Minimum Maturity Rules: The Cost of Selling Bonds before Their Time,” seeks to quantify the invisible costs of arbitrary fixed-income index construction rules.  The authors found that the performance of traditional fixed-income index funds is negatively affected by the rules of the indices that the funds seek to track. The authors suggest that relaxing certain rules in fixed-income indices could result in improved fund performance.

The article can be accessed at http://www.cfapubs.org/doi/abs/10.2469/faj.v69.n3.5

“Accretive congratulates Darrin on having his research published in the flagship journal of CFA Institute,” said Matthew Patterson, Managing Director at Accretive Asset Management. “His groundbreaking work reflects Accretive’s commitment to developing innovative products and services by focusing on investors’ needs and rigorously questioning established ways of doing things.”

The Financial Analysts Journal is published six times a year by CFA Institute, the global association of investment professionals that awards the CFA® and CIMA® designations. Its purpose is to advance the knowledge and understanding of the practice of investment management through the publication of high-quality, practitioner-relevant research.

About Accretive Asset Management

Accretive Asset Management LLC creates investment products that help financial advisors better serve their clients. A recognized innovator in fixed-income securities indexing, AAM delivers investor-focused solutions that improve upon traditional indexing techniques. As of May 31, 2013, AAM licensed BulletShares® Indices to 14 NYSE Arca-listed ETFs with approximately $2.5 billion in assets under license.

For more information contact:

Matthew J. Patterson

Managing Director and Head of Investment Strategy
(630) 882-0229
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