Great Western offers conservative account.

LOS ANGELES - Great Western Bank has introduced an asset-allocation account for people who want to invest in a range of fixed-income securities.

The account, one of seven asset-allocation accounts offered by the bank's Sierra Asset Management, lets customers invest in a variety of Sierra Trust Funds.

The fixed-income investment option is geared toward long-term, conservative investors looking for steady income, capital preservation, and minimal risk, said F. Brian Cerini, chairman of Sierra's 13-member fund family.

The accounts are sold through brokerage firms and the bank's California and Florida branches.

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