NEW YORK, Dec. 14, 2015 /PRNewswire/ -- Weiss Multi-Strategy Advisers LLC ("Weiss"), an asset management firm which, with its affiliates, has over 40 years of trusted performance and dedicated client service, today announced a liquid alternative ('40 Act) fund called the Weiss Alternative Balanced Risk Fund ("WEISX"). This new fund combines passive investment with an investment in the actively managed underlying strategies of Weiss' flagship multi-strategy long/short strategy.
"Today's investors are finding it increasingly challenging to achieve steady and smooth returns and preserve their capital in the current volatile, zero interest rate market," said Jordi Visser, President and Chief Investment Officer at Weiss. "The Weiss Alternative Balanced Risk Fund seeks to mitigate this by offering a liquid alternative investment option that has the potential for lower volatility and low correlation with the return curves of any existing products."
Alternative investment channels have long been considered mysterious and complex, and generally out of reach for the broader investment community. Weiss' combination of a passive investment strategy with an active multi-strategy investment, previously only available to institutions via WEISX's hedge fund counterpart, will now be available for the first time to retail investors.
Weiss has long held a standard of providing information and best practices to investors and distributors. With the launch of the new fund, Weiss renews this commitment to registered investment advisers, financial advisors and the investment community at large. The firm will continue to discuss trends and challenges, sharing much of this information through articles it publishes on its new website, www.gweiss.com.
About Weiss Multi-Strategy Advisers LLC
Weiss is a next generation boutique investment management firm which, through its affiliates, has a nearly 40 year history. Over the years, Weiss has developed a reputation for its sound investment solutions, thought-leadership and commitment to philanthropy. Weiss is a firm that places a premium on people - our investors, our employees and our community.
The Weiss mission strives to deliver consistent risk-adjusted returns by combining people with a clear process and sound risk management. Our multi manager approach to investing is adaptable, allowing us to create products designed to perform over multiple market cycles. Our portfolio managers are sector specialists and bring diversity in perspective and expertise. And roughly half of Weiss' employees are dedicated to maintaining the firm's robust operational infrastructure, allowing the firm to offer investors multiple product structures beyond the traditional private fund.
For more information, please visit website, www.gweiss.com.
Mutual fund investing involves risk. Principal loss is possible. Investments in medium and small capitalization companies have historically been subject to greater investment risk than large company stocks. The prices of medium and small company stocks tend to be more volatile and less liquid than large company stocks. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. 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. Leverage may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used. The Fund will indirectly bear the principal risks and its share of the fees and expenses of any investment company or other pooled investment vehicle, including any ETFs (Exchange Traded Funds), in which the Fund invests. The Fund may invest in foreign securities, which involve greater volatility and political, economic and currency risks and differences in accounting methods; these risks are greater for investments in emerging markets.
The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-866-530-2690, or visiting https://www.gweiss.com/Solutions/Mutual-Funds/. Read it carefully before investing.
The Weiss Alternative Balanced Risk Fund is distributed by Quasar Distributors, LLC.
SOURCE Weiss Multi-Strategy Advisers LLC