Using the sophisticated approach to dynamic asset allocation, fund manager research and portfolio construction of Wilshire Funds Management, a business unit of Wilshire Associates Incorporated (Wilshire®), Active Diversified Alternatives Portfolios is designed to enhance risk-adjusted performance by incorporating uncorrelated sources of return from funds that utilize alternative investment strategies.

"As individual investors work with their financial advisors to define risk tolerance, they are increasingly focused on managing risk over the long term," said Sarah McKenzie, Senior Vice President of Brokerage and Managed Products at Ameriprise Financial. "Active Diversified Alternatives Portfolios seeks to provide investors with consistency, diversification and risk management through a sophisticated investment process that is easy to use."

This innovative approach of using six alternative investment trading strategies (below) within a discretionary wrap account allows financial advisors to make recommendations from among six risk profiles (below) and two tax treatments (tax-sensitive and tax-neutral),* based on investors' goals, risk tolerance, tax situation, resources and specific needs.

     Risk Profiles:                Alternative Strategies:                  -- Conservative               -- Managed Futures                       -- Moderate Conservative      -- Global Tactical Asset Allocation      -- Moderate                   -- Equity Market Neutral                 -- Moderate Aggressive        -- Long/Short Equity                     -- Aggressive                 -- Merger Arbitrage                      -- All Equity                 -- Convertible Arbitrage               -------------------------------------------------------------------------------  

The allocation to alternative strategies varies based on the risk profile selected. Generally speaking, each portfolio will have an allocation to alternatives ranging from 8-20% of the portfolio.

The tax-sensitive* versions of each core portfolio include tax-exempt municipal bond mutual funds and may include equity mutual funds with lower turnover rates when appropriate.