AGE Edwards AG

ST. LOUIS, May 7 /PRNewswire-FirstCall/ -- Financial services firm A.G. Edwards (NYSE:AGE) announced today the launch of its new A.G. Edwards Global Macro Allocation Portfolio that will give clients exposure to currencies, equities, debt and commodity markets. The blended portfolio will be best-suited for aggressive investors and will be made based on a short- to intermediate-term outlook for these primary asset classes. Although fundamental and technical analysis by the A.G. Edwards Global Investment Strategy Department will be the basis for the investment decisions, the new program will rely on Gallatin Asset Management for portfolio oversight. A wholly owned subsidiary of A.G. Edwards, Gallatin is making its first venture into creating investment alternatives for its clients since the firm's launch back in the fall of 2005. "Our new Global Macro Allocation Portfolio provides our high net worth clients the ability to take a position in several key markets with the convenience of just a single managed account," said Michael Scafati, senior vice president and manager of A.G. Edwards' Managed Products Department. "Bringing together the expert analysis of our Global Investment Strategy Department and the asset management capabilities of Gallatin, we truly have created another opportunity for our clients to benefit from the wide range of services we offer." Investments for the Global Macro Allocation Portfolio may include such things as exchange-traded funds (ETFs), tradable open-ended mutual funds, closed-end funds and in limited cases individual equity securities. The portfolio allocation guidelines will also limit the investments in any single major market category -- equities, currencies, commodities and debt -- to a maximum of 50% of the total portfolio at cost. Account minimums for the A.G. Edwards Global Macro Allocation Portfolio program start at $50,000. About A.G. Edwards Drawn to the firm's client-first philosophy, individuals and businesses have turned to A.G. Edwards & Sons, Inc. for sound advice and access to a wide array of investment products and services that can help them meet their financial goals and objectives. Founded in 1887, A.G. Edwards and its affiliates employ more than 6,500 financial consultants in more than 740 offices nationwide and two European locations in London and Geneva. More information can be found on http://www.agedwards.com/. How A.G. Edwards does business The A.G. Edwards Global Macro Allocation Portfolio is an investment management service in which A.G. Edwards acts as investment advisor. Apart from this program, the firm is acting only as a broker-dealer unless otherwise specifically indicated in writing, and its obligations will vary with the role the firm plays. Please consult "Important Information About Your Relationship With A.G. Edwards" on http://www.agedwards.com/disclosures for a discussion of the differences between brokerage and advisory services. A.G. Edwards & Sons, Inc. Member SIPC DATASOURCE: A.G. Edwards CONTACT: Byron Goodrich of A.G. Edwards, +1-314-955-3235, Web site: http://www.agedwards.com/

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