Alerus provides an open architecture of investment options with no proprietary fund requirements.  This allows us to provide objective investment options with unsurpassed flexibility.  We have no requirement that a particular number or percentage of funds be from any given mutual fund family.  Alerus provides a detailed investment review to support the sponsor in meeting their fiduciary responsibilities concerning plan investments.  

Our approach with investments makes us unique in a number of ways:

Flexibility
We provide access to a wide range of mutual funds, including no-load and institutional share classes.  We can also accommodate your unique investment needs, such as individual company stock, ESOPs, and self-directed brokerage accounts.

Objective Fund Analysis
Alerus provides a proprietary investment fund screening process to assist you, the plan sponsor, in offering a well-rounded investment line up containing best in class funds.  Our screening process incorporates a variety of analytical and qualitative measures including consistent performance, appropriate volatility, style consistency, and experienced management.  The result is a line up of funds that have returns which outperform their peers over the long run, resulting in reduced turnover in your line up.

Investment Review Process
Alerus conducts a customized annual investment review, designed to assist plan sponsors in complying with their fiduciary responsibilities. The information presented in the investment review covers many aspects of the fund line up including performance, balances within each asset class, expense ratios, and manager tenure.  Your funds will be evaluated based on the criteria set forth in your investment policy statement.  We will provide commentary about each fund in the line up, with specific information to assist in making decisions, such as putting a fund on a watch list or adding a fund in an asset class.