The following are new investments that those saving and or living in retirement might consider for their portfolios. We've included commentary from advisers about the investments, as well.

WisdomTree has launched the WisdomTree 90/60 US Balanced Fund(NTSX). NTSX seeks to achieve total return by investing in large-cap U.S. equities and U.S. Treasury futures contracts. More specifically:

This exposure is created by investing approximately 90% of fund assets in a representative basket of U.S. equity securities of large-capitalization companies generally weighted by market capitalization and 10% in short-term fixed income securities that collateralize a targeted 60% notional exposure to U.S. Treasury futures. Should the fund deviate from the targeted 90% equity and 60% U.S. Treasury future allocations by 5% or greater, it is anticipated that the fund will be rebalanced to more closely align with target allocations.

Jonathan Masse, an investment strategist at Perigon Wealth Management, is a fan of WisdomTree's ETFs, especially WisdomTree CBOE S&P 500 PutWrite Strategy Fund(PUTW) and WisdomTree CBOE Russell 2000 PutWrite Strategy Fund(RPUT).

But he doesn't think investors need yet another multi-factor ETF. "This seems to be a late addition to a crowded market, and a higher priced one -- at first glance -- at that," he says. NTSX has an expense ratio of 0.2%.

As for alternatives to NTSX, Masse likes Research Affiliates' RAFI strategies, which aim to generate excess returns versus the market benchmark through a systematic, contrarian rebalancing approach; Lattice Strategies, an investment management firm and provider of strategic beta exchange-traded funds now owned by Hartford Funds; and Goldman Sachs, which prices its multi-factor funds "very aggressively."

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