LA JOLLA, Calif., March 28, 2017 /PRNewswire/ -- Altegris, a provider of premier alternative investments, is pleased to announce the launch of the Altegris GSA Trend Strategy Fund (Tickers: TRNAX, TRNIX, TRNNX). The Fund will be sub-advised by globally renowned quantitative investment manager, GSA Capital Partners.
"Against a backdrop of market uncertainty, we're pleased to expand our suite of managed futures offerings to provide our clients with access to GSA's world class strategy," said Matt Osborne, Co-Founder and CIO of Altegris. "Managed futures has historically provided significant portfolio benefits through a variety of market cycles. For investors concerned about risk in traditional markets, we believe managed futures an important area to evaluate right now. We are excited to leverage GSA Capital Partners' global reach, data infrastructure and deep research expertise to offer advisors and investors the potential to improve the risk return profile of a traditional portfolio at a lower cost than available through many other managed futures investment options."
The Fund's investment objective is to seek long-term capital appreciation through utilization of an absolute return strategy. In achieving this objective, the fund aims to utilize trend-following strategies to produce long-term uncorrelated returns with traditional markets by offering global exposure to four major asset classes: stocks, bonds, currencies and commodities. The Fund will allocate assets to GSA Capital Partners, as the sub adviser, to be traded pursuant to GSA's flagship Trend Strategy, which employs a range of quantitative algorithms designed to exploit directional trends in global financial markets to deliver absolute returns. GSA is a globally renowned quantitative investment manager with over 150 staff in offices in London, New York and Hong Kong. GSA has assets under management of over $7 billion, including $3.2 billion in the Trend Strategy.
Altegris is an investment research firm, with deep expertise in alternative manager selection, structuring unique solutions, and providing portfolio management and oversight. Beginning with an analysis of the current and anticipated investment environment, our solutions are based on themes that we believe solve the most important client needs. For more information about the Altegris family of alternative strategies, visit Altegris.com.
About GSA Capital Partners
Established in 2005 by Jonathan Hiscock, GSA is an award-winning global quantitative investment manager with over $7bn in assets under management, 100+ employees, and offices in London, New York and Hong Kong. GSA employs a wide range of quantitative strategies across different asset classes, geographies and timescales through a disciplined investment process to deliver high quality asset management solutions. GSA's strong performance over the last decade demonstrates the firm's ability to generate consistent returns over different market cycles. For more information about GSA, visit GSACapital.com.
INVESTORS SHOULD CAREFULLY CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE ALTEGRIS GSA TREND STRATEGY FUND. THIS AND OTHER IMPORTANT INFORMATION ABOUT A FUND IS CONTAINED IN THE FUND'S PROSPECTUS, WHICH CAN BE OBTAINED BY CALLING (888) 524-9441. THE PROSPECTUS SHOULD BE READ CAREFULLY BEFORE INVESTING.
Funds are distributed by Northern Lights Distributors, LLC, member FINRA. Altegris Advisors and Northern Lights Distributors, LLC are not affiliated.
MUTUAL FUNDS INVOLVE RISK INCLUDING POSSIBLE LOSS OF PRINCIPAL.
Investing in commodity futures markets subjects the Fund to volatility as commodity futures prices are influenced by unfavorable weather, geologic and environmental factors, regulatory changes and restrictions. Trading on foreign exchanges and foreign investments including exposure to foreign currencies, involve risks not typically associated with U.S. investments, including fluctuations in foreign currency values, adverse social and economic developments, less liquidity, greater volatility, less developed or inefficient trading markets, political instability and differing auditing and legal standards. These risks are magnified in emerging markets.
The Fund's use of derivatives such as forwards, futures, swaps or options contracts expose the Fund to additional risks such as leverage risk and counterparty default risk that it may not be subject to if it invested directly in the underlying securities. Although futures contracts are generally liquid, under certain market conditions there may not always be a liquid secondary market. Option positions held may expire worthless and cause a loss.
The value of an investment in fixed income securities and derivatives will typically fall when interest rates rise. Other risks include credit risk which refers to an issuer's ability to make interest and principal payments when due. There may be extension risk that repayments on certain debt securities, such as floating rate loans and mortgage-related securities, may occur at a slower rate than expected and maturity could lengthen, thus there may be a greater potential loss if interest rates rise.
The Fund may engage in short selling and short position derivative activities which are considered speculative and involve significant financial risk. Short positions profit from a decline in price so the Fund may incur a loss on a short position if the price increases. The potential for loss in shorting is unlimited. Shorting may also result in higher transaction costs which reduce return.
Investing in commodities through a controlled foreign corporation Subsidiary involves taxation and regulatory risk. Where applicable, income received from commodities-related investments will be passed through to the Fund as ordinary income, which may be taxed at less favorable rates than capital gains. Changes in applicable foreign and domestic laws could result in the inability of the Fund and/or Subsidiary to operate.
As a non-diversified fund, the Fund may invest more than 5% of its total assets in the securities of one or more issuers. The Fund's performance may be more sensitive to any single economic, business, political or regulatory occurrence than the value of shares of a diversified investment company.
The Fund has a limited history of operations.
Altegris Advisors LLC is a CFTC-registered commodity pool operator, commodity trading advisor, NFA member, and SEC-registered investment adviser that sponsors and/or manages a platform of alternative investment products.
The Altegris group of affiliated companies is wholly-owned and controlled by (i) private equity funds managed by Aquiline Capital Partners LLC and its affiliates ("Aquiline"), and by Genstar Capital Management, LLC and its affiliates ("Genstar"), and (ii) certain senior management of Altegris and other affiliates. Established in 2005, Aquiline focuses its investments exclusively in the financial services industry. Established in 1988, Genstar focuses its investment efforts across a variety of industries and sectors, including financial services. The Altegris companies include Altegris Investments, Altegris Advisors, and Altegris Clearing Solutions.
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