Genworth Financial Wealth Management, a subsidiary of New York-listed Genworth Financial, has launched GPS Select Solutions, a suite of multi-strategy portfolios within single accounts. The range includes both core and satellite portfolios.

The diversified portfolios have a minimum investment requirement of $250,000 and include:

• GPS Select Accumulation, which emphasizes low-cost and exchange-traded funds;
• GPS Select Accumulation Plus, which emphasizes active mutual funds;
• GPS Select Retirement Income, which is designed to enhance income and control volatility; and
• GPS Select Wealth Preservation, focused on wealth preservation and inflation protection.

The focused portfolios have a minimum investment requirement of $100,000 and include:

• GPS Select Low Volatility, which targets low volatility and capital preservation;
• GPS Select Multi-Asset Income, aimed at providing enhanced, sustainable income across changing markets; and
• GPS Select Tactical Advantage, aimed at increasing diversification through less-correlated strategies and capturing opportunities across evolving markets.

GPS Select Solutions joins Genworth's existing GPS Solutions portfolios (formerly called Genworth Portfolio Solutions), which were introduced in May 2011.