CLS teams up with ETF providers to offer no-fee strategy
CLS Investments has partnered with five ETF providers to launch Smart ETF Models with a zero percent strategist fee, the firm said. The firm said it teamed up with Deutsche Asset Management, First Trust, JPMorgan Asset Management, Pimco and PowerShares by Invesco to offer these models.

Currently CLS offers eight Smart ETF Models that are globally diversified portfolios composed of smart beta and active ETFs, as well as smaller satellite positions in ETFs focused on specific sectors, countries and alternative assets.

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