American Independence Launches Risk-Managed Allocation Fund, an ETF-Based Asset Allocation Strategy Focused on Long Term Growth
JAForlines will sub-advise a new fund, designed to appeal to investors concerned about volatility
24 Sep, 2013, 08:00 ET
NEW YORK, Sept. 24, 2013 /PRNewswire/ -- American Independence Financial Services, LLC (American Independence), a New York-based investment advisory firm and manager of mutual funds and separate accounts, today announced the launch of the American Independence Risk-Managed Allocation Fund (A: AARMX C: ACRMX I: RMAIX) (the "Fund"), an actively managed, ETF-based global asset allocation strategy. The sub-advisor for the Fund is J.A. Forlines, LLC, a leading asset manager specializing in risk-managed, ETF-based global allocation investment solutions. The Fund will be marketed to financial intermediaries throughout the U.S.
The Risk-Managed Allocation Fund seeks to achieve long-term capital appreciation while providing lower than average risk. The Fund is an actively managed, multi-asset class portfolio that uses ETFs to take advantage of market trends globally. It will invest in fixed income, equities and alternatives, including commodities, real estate and currencies, across the U.S., Europe, Asia, and emerging markets. The Fund also has the capability to move to cash in times of extreme market duress.
"This fund offers agile management, a broad array of asset classes and a global ETF focus for investors who are concerned about volatility and the dangers of single-asset class investing," said John Pileggi, Managing Partner of American Independence. "We are excited to be working with JAForlines, one of the innovators in asset management. Led by John A. Forlines III, a trusted investment manager, thought leader and educator, JAForlines presents the industry's most forward-thinking approach to ETFs as a way to manage for long term growth while addressing risk."
"We have long believed that to achieve long-term growth and minimize losses, an investment strategy must look at opportunities globally and across asset classes. The approach of this new American Independence fund reflects our core investment philosophy of actively managing risk through investment in efficient index vehicles," said John A. Forlines III, Chairman and Chief Investment Officer of JAForlines.
Mr. Forlines, founder of JAForlines, has three decades of experience in asset management and investment banking. In addition to leading the company, he is also an adjunct professor of Economics at Duke University. Prior to founding JAForlines in 2009, he was President of Core Asset Management, where he still serves as Senior Advisor. Previously, he was a founder of a family office which is active primarily in charitable support for education in the U.S. Earlier in his career, Mr. Forlines spent 16 years at J.P. Morgan, where he held various senior roles in investment banking and private equity. Mr. Forlines is a member of the State of New York Bar Association; before his career at JP Morgan he practiced law specializing in structured debt and equity products.
About American Independence Financial Services, LLC
American Independence is an investment advisory firm registered with the SEC providing professional, actively managed investment advisory services to eight American Independence funds, as well as separately managed accounts, aggregating approximately $1 billion in assets under management as of August 31, 2013. The firm 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.
About J.A. Forlines, LLC (JAForlines)
JAForlines is a New York-based investment manager specializing in ETF-based risk managed, global allocation strategies. The firm's flagship portfolio emphasizes growth in rising markets and capital preservation in down or volatile markets. JAForlines' portfolio management is available via separately managed accounts, model account strategies, and in qualified retirement plans. To learn more about JAForlines, visit http://www.jaforlines.com.
American Independence Financial Services, LLC
Eric Rubin, President
Investing in the Fund involves risk. 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. The Fund may invest in small and mid-cap securities that are more volatile than large cap stocks. There is no assurance that the Fund, or the underlying ETFs the Fund may utilize, will achieve their objectives.
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.
Foreign Securities Risk: International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or smaller capital markets.
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.
Not FDIC Insured. May Lose Value. No Bank Guarantee.
SOURCE American Independence Financial Services, LLC
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