UAM Investment Services Inc. will debut a new, first-of-its-kind "stable value" mutual fund with a 50% allocation to asset-backed securities that is expected to produce a watershed of investment from the sought-after baby-boomer IRA market, a group the fund was specifically designed to attract.

Called the UAM Dwight Capital Preservation Portfolio, the fund is the only stable value mutual fund open to IRA investors through the major fund supermarkets, according to company officials.

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