ABA Retirement Funds Announces New Investment Strategy for ABA Retirement Funds Program

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Mon Nov 2, 2009 8:00am EST

Northern Trust, Worldwide Leader in Asset Management, To Manage the Enhanced
Fund Structure
CHICAGO--(Business Wire)--
ABA Retirement Funds, which offers tax-qualified, cost effective retirement plan
services exclusively to legal professionals through its sponsorship of the ABA
Retirement Funds Program, has launched an enhanced investment structure for
participants. The Program`s new enhanced investment structure offers
participants access to a cutting edge menu of investment options normally
available to only the largest corporations. Northern Trust, a worldwide leader
in customized asset management and asset servicing solutions for sophisticated
institutional investors, which recently began its role as ABA Retirement Funds
investment fiduciary, will be managing this new investment menu. 

Under the new structure designed and managed by Northern Trust, plan
participants will have a number of new investment options. The new options
include the Large Cap Equity Fund, Small-Mid Cap Equity Fund, Real Asset Return
Fund, as well as three target risk funds: Conservative Risk Fund, Moderate Risk
Fund, and Aggressive Risk Fund. This enhanced structure incorporates plan
demographics, participant behavior, and takes advantage of new investment
approaches and styles that are among the best of what the marketplace has to
offer. 

"Northern Trust is a pioneer of the manager of managers investment strategy,"
said Diane Fuchs, President, ABA Retirement Funds. "Its experience as a
professional investment fiduciary will be instrumental in providing a stronger
program for participants." 

Founded in 1889, Northern Trust has extensive experience in investment manager
research and creating strategic combinations of managers in order to maximize
returns. 

State Street Bank and Trust Company of New Hampshire, a global leader in
servicing investors, remains trustee, with ultimate responsibility for offering
investment options and selecting investment advisors. 

About ABA Retirement Funds

ABA Retirement Funds--formerly American Bar Retirement Association and the
affiliated ABA Members Retirement Program--is an Illinois not-for-profit
corporation established more than 40 years ago by the American Bar Association
to help the legal community with retirement planning and solutions. 

Through its sponsorship of the Program, ABA Retirement Funds offers
tax-qualified retirement plan services to legal professionals, along with
educational information related to retirement planning and funding. The Program
has earned "preferred vendor status" with 33 state bar and national legal
associations. The Program is also an ABA Member Advantage company.

For more information, call 312-988-5854

ABA Retirement Funds
Brad Blewett, 312-988-5854
Associate Executive Director
BlewettB@staff.abanet.org

Copyright Business Wire 2009

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