RiskX Investments Broadens Access to Funds Managed by Louis Navellier
Rx Fundamental Growth Fund & American Independence International Alpha Strategies Fund Currently Available through both the Rx and American Independence Fund Platforms
NEW YORK, June 4, 2015 /PRNewswire/ -- RiskX Investments, LLC (RiskX Investments) and American Independence Financial Services, LLC (American Independence) are currently offering advisors and investors access to both firms' mutual fund products as well as strategies from renowned fund manager Louis Navellier. Both funds would be exclusive to RiskX Investments once the previously-announced merger is completed.
"My colleagues and I have always had great admiration for Louis' process, his thorough fundamental analysis, and the results he produces,"said John Pileggi of American Independence, who would serve as CEO of RiskX Investments pending the closure of the merger. "In bringing together the funds that Louis managed for our predecessor companies on a single platform, RiskX Investments would be the exclusive mutual fund provider of the risk-intelligent and actively-managed strategies that he pioneered for investors, after the merger is completed."
The Rx Fundamental Growth Fund (FMFGX) utilizes Navellier's quantitative equity strategy that targets growth stocks, and is unconstrained* with regard to equity selection. The fund incorporates an independent, market-based overlay that is designed to reduce equity exposure in deteriorating markets. Investors receive the benefit of an unconstrained growth strategy* along with a methodology that has the potential to move completely out of equities in strong stock market downturns. When out of the stock market, FMFGX will invest in intermediate-term BBB bond (investment-grade) corporate bonds, where Navellier's firm has extensive expertise.
The American Independence International Alpha Strategies Fund (IMSSX), which is sub-advised by Navellier's firm, aims to provide investors with long-term capital appreciation. The Fund primarily invests in the equity securities of companies located outside the U.S., including emerging markets.
"RiskX Investments is on the cutting edge of addressing the current market environment's complex risk management challenges," said Navellier. "I look forward to continuing to work closely with John and his team to develop competitive solutions for advisors and investors."
Once the merger closes, which is expected to be in September, and pending approval from the funds' boards and shareholders, the union of the two risk-intelligent shops would offer 21 mutual funds and works with a combined $1.1 billion under management. Prior to that time investors will be able to access Navellier's strategies through either the American Independence or Rx Fund platforms. For more details, see press release announcing the merger: http://www.prnewswire.com/news-releases/foliometrix-and-american-independence-merge-to-form-riskx-investments-300081629.html?tc=eml_cleartime.
* FMFGX will not constrain its investments by market capitalization or sector criteria, and may invest in foreign securities, including foreign securities in emerging markets.
About RiskX Investments
RiskX Investments offers access to wide array of boutique asset managers and tactical strategists within a series of risk-intelligent mutual funds for portfolio diversification in up and down markets. The company's proprietary research platform covers the full spectrum of active risk management from traditional single manager risk adjusted strategies to multi-strategy tactical risk managed solutions. RiskX Advisor is the company's platform utility that delivers a suite of client engagement, workflow management, and portfolio design and construction programs for advisors and institutions. For more information, please visit www.riskxinvestments.com. FolioMetrix, LLC (dba RiskX Investments) is registered as an investment adviser with the United States Securities and Exchange Commission.
An investment in the Rx Fundamental Growth Fund is subject to investment risks, including the possible loss of some or the entire principal amount invested. There can be no assurance that the funds will be successful in meeting their investment objectives.
Investments in bonds are subject to credit, prepayment, call and interest rate risk. As interest rates rise the value of bond prices will decline. Credit risk refers to the loss in the value of a security based on a default in the payment of principle and/or interest of the security, or the perception of the market of such default.
Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets.
Diversification does not ensure a profit or protect against a loss.
About American Independence
American Independence is an investment advisory firm registered with the SEC providing professional, actively managed investment advisory services to 10 American Independence Funds, as well as separately managed accounts, aggregating approximately $800 million in assets under management as of March 31, 2015. The firm management team is comprised of industry leaders with over 25 years of average industry tenure. To learn more about American Independence, visit www.americanindependence.com or call (646) 843-6901.
Important Disclosures
Investing in the Funds involves risk including the loss of principal. Equity securities are more volatile and carry more risk than other forms of investments. Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions. There is no assurance that the Funds, or the underlying ETFs the Funds may utilize, will achieve their objectives.
Foreign Securities Risk. To the extent the Fund invests in depositary receipts, such investments are subject to additional risks including political and economic risks, greater volatility, currency fluctuations, higher transactions costs, delayed settlements, possible foreign controls on investment, and less stringent investor protection and disclosure standards of foreign markets.
For more complete information on the American Independence Funds, you can obtain a prospectus containing complete information for the Funds by calling 866.410.2006 or by visiting www.americanindependence.com. You should consider the Fund's investment objectives, risks, charges, and expenses, carefully before you invest or send money. Information about these and other important subjects is in the Fund's prospectus. The prospectus and, if available, the summary prospectus should be read carefully before investing.
An investor should consider the investment objectives, risks, charges and expenses of the Rx Funds carefully before investing. The prospectus contains this and other information about the Rx Funds. A copy of the prospectus is available at http://www.ncfunds.com/fund-search or by calling Shareholder Services at 800-773-3863. The prospectus should be read carefully before investing.
For a complete list of fund risks, please see the prospectuses.
Shares of the American Independence Funds are distributed by Matrix Capital Group, Inc., which is not affiliated with American Independence Financial Services, LLC or FolioMetrix LLC.
The RiskX Funds are distributed by Capital Investment Group, Inc., Member FINRA/SIPC, 17 Glenwood Ave, Raleigh, NC, 27603. There is no affiliation between the RiskX Funds, including its principals, and Capital Investment Group, Inc.
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CONTACT: Erin Hershkowitz
JCPR
(973) 647-4177
[email protected]
SOURCE RiskX Investments, LLC
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