Back to Product Alerts

Fund Replacement Within the Wells Fargo Advantage WealthBuilder PortfoliosSM

Our portfolio managers regularly examine the underlying funds within the Wells Fargo Advantage WealthBuilder Portfolios to measure each fund's individual performance as it relates to its respective peer group and investment style, and to maintain diversification within the Portfolios.

As a result of this ongoing process, we recently replaced the MFS Strategic Value Fund with the DWS Dreman High Return Equity Fund as an underlying fund holding within all the Wells Fargo Advantage WealthBuilder Portfolios.

The Portfolios now harness the collective expertise of fund managers from these mutual fund families:

  • Wells Fargo Advantage Funds
  • DWS Funds
  • ING Funds
  • John Hancock Funds
  • MFS Funds
  • Oppenheimer Funds
  • T. Rowe Price

About Wells Fargo Advantage WealthBuilder Portfolios
The Wells Fargo Advantage WealthBuilder Portfolios were first introduced in 1997 and are part of our long history of pioneering asset allocation strategies. The Portfolios in the series utilize a funds-of-funds approach composed of both proprietary and nonproprietary mutual funds and offer investors a range of portfolios to match their risk profile. The portfolio managers apply the disciplines of Tactical Asset Allocation and Tactical Equity Allocation modeling to help manage risk and to capitalize on rotating market cycles.

Balanced funds may invest in stocks and bonds. Stocks should only be considered for long-term goals as values fluctuate in response to the activities of individual companies and general market and economic conditions. Bond values fluctuate in response to the financial condition of individual issuers, general market and economic conditions, and changes in interest rates. In general, when interest rates rise, bond values fall and investors may lose principal value. Investment strategies that emphasize particular market segments or fewer securities tend to increase the total risk of an investment (relevant to the broader market). Wells Fargo Advantage WealthBuilder Portfolios are exposed to one or more of the following: small cap risk, foreign investments risk, and high-yield bond risk. Consult the Fund's prospectuses for additional information on these and other risks.