Category Archives: Funds in Registration

August 2015, Funds in Registration

361 Long/Short Credit Fund 361 Long/Short Credit Fund will seek to provide positive absolute total returns over a complete market cycle. It’s pretty much an unconstrained global long/short bond fund. The fund will be managed by an as-yet unnamed outside sub-advisor. The initial expense ratio also has not yet been released. The minimum initial investment […]

July 2015, Funds in Registration

First Western Short Duration High Yield Credit Fund  First Western Short Duration High Yield Credit Fund will seek a high level of current income and capital growth. The plan is to invest in a global portfolio of junk bonds and floating rate senior secured loans. The fund will be managed by Steven S. Michaels. The minimum […]

June 2015, Funds in Registration

Catalyst/Auctos Managed Futures Multi-Strategy Fund Catalyst/Auctos Managed Futures Multi-Strategy Fund will pursue capital appreciation uncorrelated to global equity markets. The plan is to “employ nine unique trading models, which are applied to the four investment sub-strategies” in order to gain absolute returns through both rising and falling price cycles. The fund will be managed by […]

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 […]

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%). […]

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 […]

February 2015, Funds in Registration

Alphacentric Bond Rotation Fund Alphacentric Bond Rotation Fund will pursue “long-term capital appreciation and total return through various economic or interest rate environments.” They’ll rotate through two to four global bond ETFs based on their judgment of the relative strengths of various bond sectors. The fund will be managed by Gordon Nelson, Chief Investment Strategist, […]

January 2015, Funds in Registration

RiverPark Focused Value Fund RiverPark Focused Value Fund will seek long-term capital appreciation. The plan is to focus on large cap domestic stocks, with particular focus on “special situations” such as spin-offs or reorganizations and on firms whose share prices might have cratered. They’ll buy if it’s a high quality firm and if the stock […]

December 2014, Funds in Registration

Centre Active U.S. Tax Exempt Fund Centre Active U.S. Tax Exempt Fund will look at to maximize total return through capital appreciation and current income exempt from federal income tax. The key is that Centre is buying an existing muni bond fund but won’t yet name what that fund is. It appears that the old […]

November 2014, Funds in Registration

ACR Multi-Strategy Quality Return (MQR) Fund ACR Multi-Strategy Quality Return (MQR) Fund posted an unusually vacuous draft portfolio that not only failed to list its expenses; it also skipped the investment minimums and offered only the sketchiest idea of what they’ll be up to. Their clearest statement is that they seek “to preserve capital from […]