Memphis, TN, March 03, 2016 --(PR.com
)-- Preserver Partners has launched a liquid alternatives mutual fund to provide investors with access to multiple asset classes and strategies in a single diversified portfolio, while providing daily liquidity and transparency. The new fund, named Preserver Alternative Opportunities Fund, trades under the symbols PAOIX and PAORX.
Liquid alternative mutual funds are one of the fastest growing segments in the mutual fund industry as investors and financial advisors seek to hedge downside risk, protect principal and manage volatility. A 2013-2014 Alternative Investment Survey sponsored by McKinsey & Company reports that alternatives represent 12% of mutual fund assets and flows into global alternatives and are expected to grow at an annualized pace of 5% over the next five years, compared to overall industry growth of just 1-2%. Gerald Laurain, Chief Investment Officer of Memphis-based FTB Advisors, which manages $3 billion in assets, said, “We believe alternative investments can be an important source of diversification. The best way for most of our clients to get alternative investments exposure is through liquid alternative mutual funds.”
The investment objective of Preserver’s new fund is to generate attractive risk-adjusted returns, income generation and diversification with less risk than traditional stocks and bonds. “We like the fact that Preserver looks for under-appreciated, niche opportunities that do not always depend directly on broader market movement to generate a return. Accordingly, we believe their strategy may complement our traditional stock and bond positions, enhance portfolio diversification, and reduce volatility,” said John Laughlin, Principal at Summit Asset Management, a $500 million wealth management firm serving individual and institutional investors.
“We are pleased to offer the Preserver Alternative Opportunities Fund to a broader universe of retail and institutional investors using the same investment philosophy that we have used in our private fund,” said Floyd Tyler, Portfolio Manager of Preserver Funds. The fund will employ a “fully flexible” investment approach, which allows investing across asset classes and strategies. The Fund will target a 4-5% yield. Unlike many multi-manager alternative funds, the fund has only one layer of investment management fees.
The fund may initially allocate to reinsurance, commercial and residential mortgage-backed securities, closed-end funds, global common and preferred stocks, and government and corporate fixed income securities. The fund’s opportunistic portfolio structure approach will employ both internal portfolio management and highly qualified sub-advisers.
Preserver Partners, LLC is an SEC-registered alternative asset management firm that manages a liquid alternatives mutual fund and private investment funds for public and corporate pension plans, corporations, profit-sharing plans, endowments and foundations, and individuals. The firm was founded in 2009 and is based in Memphis, TN. For more information about the mutual fund, visit www.preserverfunds.com or contact Preserver Partners at 901-755-4737.
Disclosure: Investors should carefully consider a fund’s investment objectives, risks, charges and expenses before investing. This and other important information is contained in the fund’s prospectus, which should be read carefully before investing. To obtain a fund prospectus, call 1-844-838-2119.
Unified Financial Securities, LLC.
All investments involve risks, including the possible loss of principal. There is no guarantee that any investment strategy will be successful or achieve any particular results. The value of some mortgage-backed securities may be particularly sensitive to changes in prevailing interest rates, and although the securities are generally supported by some form of government or private insurance, there is no assurance that private guarantors or insurers will meet their obligations. Investments in international markets present special risks, including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation, and differences in auditing and other financial standards. Bonds are affected by a number of risks, including fluctuation in interest rates, credit risks, and prepayment risk. In general, as prevailing interest rates rise, fixed income securities prices will fall.
The fund, as an investor in private funds, will not have the benefit of protections afforded by the 1940 Act to investors in registered investment companies and will be subject to control risk, investment risk, liquidity risk, transparency risk, and valuation risk. Alternative strategies are investments that are not intended to correlate with the performance of the traditional equity and bond markets.