Category Archives: Funds

May 2015, Funds in Registration

American Beacon Grosvenor Long/Short Fund American Beacon Grosvenor Long/Short Fund will seek long-term capital appreciation.  At this point the strategy for pursuing that objective is entirely hypothetical.  American Beacon hired Grosvenor Capital Management to hire other firms to actually manage the portfolio. So far, the folks actually managing the money haven’t been named, though we […]

Towle Deep Value Fund (TDVFX), May 2015

Objective and strategy The fund pursues long-term capital appreciation. They look to invest in a compact portfolio of 30-50 undervalued stocks. The fund is nominally all-cap but the managers have traditionally had the greatest success in identifying and investing in small cap stocks. The fund looks for “well-seasoned companies with strong market positions, identifiable catalysts […]

Seafarer Overseas Growth & Income (SFGIX/SIGIX), May 2015

This fund profile was previously updated on March 1, 2013. You can find an archive of that profile here. Objective and Strategy Seafarer seeks to provide long-term capital appreciation along with some current income; it also seeks to mitigate volatility. The portfolio has two distinctive features. First, the fund invests a significant amount – 20-50% […]

Vanguard Global Minimum Volatility Fund (VMVFX), April 2015

Objective and strategy The fund seeks to provide long-term capital appreciation with low volatility relative to the global equity market. The managers use quantitative models to “construct a global equity portfolio that seeks to achieve the lowest amount of expected volatility subject to a set of reasonable constraints designed to foster portfolio diversification and liquidity.” […]

Queens Road Small Cap Value (QRSVX), April 2015

Objective and strategy The fund pursues long-term capital growth by investing, primarily, in a diversified portfolio of US small cap stocks. The advisor defines small cap in relation to the Russell 2000 Value Index; currently that means stocks with capitalizations under $3.3 billion. The portfolio is assembled by looking at stocks with low P/E and […]

April 2015, Funds in Registration

American Beacon Ionic Strategic Arbitrage Fund American Beacon Ionic Strategic Arbitrage Fund will pursue capital appreciation with low volatility and reduced correlation to equities and interest rates. The plan is to pursue a series of arbitrage strategies: Convertible Arbitrage (40-50% of the portfolio), Credit/Rates Relative Value Arbitrage (20-30%), Equity Arbitrage (30-40%) and Volatility Arbitrage (5-15%). […]

Northern Global Tactical Asset Allocation (BBALX), March 2015

Objective The fund seeks a combination of growth and income. Northern Trust’s Investment Policy Committee develops tactical asset allocation recommendations based on economic factors such as GDP and inflation; fixed-income market factors such as sovereign yields, credit spreads and currency trends; and stock market factors such as domestic and foreign earnings growth and valuations. The […]

Pinnacle Value (PVFIX), March 2015

Objective Pinnacle Value seeks long-term capital appreciation by investing in small- and micro-cap stocks that it believes trade at a discount to underlying earnings power or asset values. It might also invest in companies undergoing unpleasant corporate events (companies beginning a turnaround, spin-offs, reorganizations, broken IPOs) as well as illiquid investments. It also buys convertible […]

March 2015, Funds in Registration

AC Alternatives Equity Fund AC (American Century) Equity Fund will seek capital appreciation. The plan is to hire sub-advisors to pursue specialty equity strategies. The initial set of strategies and subs include long/short equity (Passport Capital) and event-driven and trading strategies (Perella Weinberg Partners). The prospectus allows for inclusion of a long-only equity strategy as […]

TrimTabs Float Shrink ETF (TTFS), Feburary 2015

Objective and Strategy The AdvisorShares TrimTabs Float Shrink ETF (TTFS) objective is to generate long-term gains in excess of the Russell 3000 Index, which measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market. The fund’s actively managed strategy is to exploit supply-and-demand opportunities created when companies […]