Parametric Announces New Factor Investing Strategies Enabling Investors to Further Customize Their Investments

Parametric Portfolio Associates LLC ("Parametric"), a majority owned subsidiary of Eaton Vance Corp.

, today announced the creation of several proprietary factor-based strategies that fit within the firm's Custom Core portfolio offerings. Investors can select strategies that maintain a systematic bias toward specific factors to enhance portfolio risk and return characteristics. Parametric Factor Strategies are optimized to maximize selected factor exposures while reducing unintended factor, sector, and security bets. These risk factors include: dividend yield, value, quality, momentum, low volatility, as well as combinations of these factors. "These new strategies are innovative because they allow investors to create their own customized factor portfolios," explains Rey Santodomingo, Director of Investment Strategy – Tax Managed Equities. "Advisors can adjust the level of factor exposure to match a client's unique risk profile. The desired level of factor exposure can be reached by blending it with a market index." An added innovative feature allows for different combinations of customization to be layered on top of factor exposure – for example social screens and active tax management. Rob Ciro, Managing Director – Product Management adds, "Parametric Factor Strategies reinforce our commitment to creating product offerings that stay true to our firm's DNA. Strongly focused on diversification, risk and tax management, these strategies reflect the continuing expansion of Parametric's Custom Core solutions, and are responsive to the way investors want to build portfolios."