NEW YORK, Aug. 5, 2015 /PRNewswire/ -- RiskX Investments, LLC ("RiskX Investments"), the investment advisory and mutual fund firm created through the merger of American Independence Financial Services, LLC ("American Independence") and FolioMetrix, closed on July 31, 2015. RiskX Investments includes both the American Independence single-manager sub-advised funds and separately managed accounts, and the Rx Funds multi-strategy tactical mutual fund series.
"This merger unites American Independence's management expertise and proud tradition of active investing with FolioMetrix's progressive approach to investment management research and portfolio design," said RiskX CEO John Pileggi, who previously served as Managing Partner of American Independence. "We are now one company with one philosophy."
"Financial markets change faster than investors' expectations, so investors need tactical risk management as well as traditional asset allocation," added Jerry Murphey, President of RiskX Investments and formerly President and CEO of FolioMetrix. "Our mission is to deliver value to financial advisors by providing the missing ingredient between investor expectations and market movement. Delivering information, education, training, and the essential portfolios, in every format, are critical to achieving our mission."
RiskX Investments brings a passion and commitment to delivering products designed to provide meaningful returns in up markets and mitigation of losses in down markets. The company's proprietary research process and database of managers provides financial advisors and institutions access to a range of carefully selected sub-advisers and strategists, including some of the most respected names in the industry.
The firm is led by a well-rounded and highly productive team of seasoned investment professionals and has the backing and financial resources to carry out its ambitious growth plans.
About RiskX Investments
RiskX Investments offers access to a wide array of boutique asset managers and tactical strategists within a series of sub-advised mutual funds and separately managed accounts. The company's proprietary research platform covers the full spectrum of active investing from traditional single manager risk-adjusted strategies to multi-strategy tactical risk managed solutions. RiskX Advisor delivers a suite of client engagement, workflow management, and portfolio design and construction programs for financial advisors and institutions. For more information, please visit www.riskxinvestments.com. RiskX Investments is registered as an investment adviser with the United States Securities and Exchange Commission.
Investing involves risk. Equity securities are more volatile and carry more risk than other forms of investments.
Equity Securities Risk. In general, prices of equity securities are more volatile than those of fixed income securities. The prices of equity securities fluctuate, and sometimes widely fluctuate, in response to activities specific to the issuer of the security as well as factors unrelated to the fundamental condition of the issuer, including general market, economic and political conditions.
Fixed-Income Securities Risk. Fixed-income securities are subject to the risk of the issuer's inability to meet principal and interest payments on its obligations (i.e., credit risk) and are subject to price volatility resulting from, among other things, interest rate sensitivity, market perception of the creditworthiness of the issuer and general market liquidity (i.e., market risk). Generally fixed-income securities will decrease in value if interest rates rise and will increase in value if interest rates decline. Securities with longer durations are likely to be more sensitive to changes in interest rates, generally making them more volatile than securities with shorter durations. Lower rated fixed-income securities have greater volatility because there is less certainty that principal and interest payments will be made as scheduled.
General ETF Risk. The cost to a shareholder of investing in the Fund may be higher than the cost of investing directly in ETF shares and may be higher than other mutual funds that invest directly in equities. You will indirectly bear fees and expenses charged by the ETFs in addition to the Fund's direct fees and expenses.
For a complete list of fund risks, please see the prospectuses.
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.
Shares of the American Independence Funds are distributed by Matrix Capital Group, Inc., which is not affiliated with American Independence Financial Services, LLC, RiskX Investments, or FolioMetrix LLC.
An investor should consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. The prospectus contains this and other information about the Funds. A copy of the prospectus is available at ncfunds.com or by calling Shareholder Services at 800-773-3863. The prospectus should be read carefully before investing.
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.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE.
SOURCE RiskX Investments, LLC