New Fund Offers Seasoned Long/Short Credit Strategy in Mutual Fund Format

CORAL GABLES, Fla., March 3, 2015 /PRNewswire/ --

• Fund's distinct strategy involves dynamically adjusting net long and short credit exposures with goal of generating absolute returns in all market conditions.
• Portfolio Manager, who has managed the strategy since 2004, has demonstrated ability to successfully navigate tough credit markets.
• Advisors and investors can use the Fund as a substitute for long-only high-yield, as a risk-managed supplement to core fixed-income, or as a complement to their alternatives' allocation.

Collins Capital announces the launch of the Collins Long/Short Credit Fund (CCLIX/CLCAX), a mutual fund offering a true long/short credit strategy that dynamically adjusts exposure throughout the credit cycle.  More information about the Fund is available at http://www.collinsalternativefunds.com.

"Traditional bond portfolios may be the most dangerous part of investors' portfolios today and there are few established alternative credit strategies available to mitigate that risk," said Dorothy Weaver, Co-Founder, Chief Executive Officer and Chief Investment Officer of Collins Capital. "We are six years into the credit recovery, yields are compressed, froth is building and the 'beta trade' is over.  We believe the environment for a long/short approach to credit is ripe and we are excited to partner with a manager that has a demonstrated ability to successfully navigate and take advantage of more challenging periods in the credit cycle."

The Fund attempts to generate absolute returns over a complete market cycle by primarily investing in a portfolio of long and short investments in credit-related securities with active management of net exposure.  Advisors and investors can use the Fund as a substitute for long-only high-yield, as a risk-managed supplement to core fixed-income, or as a complement to their alternatives' allocation.

The Fund's sub-advisor, Pinebank Asset Management, LP, manages a portfolio of generally between 25 and 50 investments by combining an in-depth understanding of credit cycles and market liquidity along with bottom-up and event-driven credit selection. Pinebank maintains the flexibility to adjust the portfolio's net long and short exposures in different market environments, with the goals of providing downside protection for investors and of generating positive returns independent of market direction.  

"The flexibility to actively manage the net exposure through the credit cycle is a key differentiator for the Fund," said Oren M. Cohen, Chief Investment Officer and Head Portfolio Manager of Pinebank, who has managed the strategy since 2004. "We look forward to working with Collins to help a wider array of investors use this distinct strategy to not only aim to achieve consistent returns in all types of markets, but also to improve the long-term diversification of their fixed-income portfolios."

About Collins Capital
Collins Capital is an experienced alternative investment firm whose funds use differentiated, non-correlated strategies to offer compelling, risk-adjusted returns. Collins Capital offers unique, niche strategies, and seeks long-term capital appreciation through absolute returns while maintaining a low correlation over time with major equity and bond markets.

Founded in 1995, Collins Capital is an independent, owner-operated registered investment advisor specializing in hedge fund portfolios.

For more information about Collins Capital, visit http://www.collinsalternativefunds.com.

The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing.  The statutory and summary prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-855-55-ALT-MF.  Read it carefully before investing.

Mutual fund investing involves risk; Principal loss is possible. Investments in debt securities typically decrease when interest rates rise.  This risk is usually greater for longer-term debt securities.  Investments in lower rated and non-rated securities present a greater risk of loss to principal and interest than higher rated securities.  Derivatives involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested.  The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested.  ETF and ETN investments involve additional risks such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund's ability to sell its shares.  The Fund may invest in Asset-Backed and Mortgage-Backed securities. Investments in Asset-Backed and Mortgage-Backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.  The Fund is non-diversified meaning it may concentrate its assets in fewer individual holdings and is exposed to more individual stock volatility than a diversified fund.

Collins Capital is the Advisor to the Collins Long/Short Credit Fund which is distributed by Quasar Distributors, LLC.  Pinebank Asset Management, LP is the sub-advisor to the Collins Long/Short Credit Fund and is not affiliated with Quasar Distributors, LLC.

Absolute return strategies are not intended to outperform stocks and bonds during strong market rallies.

Diversification does not assure a profit or protect against loss in a declining market.

Beta is a measure of volatility of a security or a portfolio in comparison to the market as a whole.

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SOURCE Collins Capital

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http://www.collinsalternativefunds.com