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Ascentia Capital Partners, LLC Selects DuPont Capital Management as Most Recent Fund Sub-Advisor.

DuPont Capital will manage an International/Emerging Markets Strategy within the Alternative Strategies Mutual Fund (Ticker AASFX)


News provided by

Ascentia Capital Partners, LLC

Mar 23, 2010, 09:00 ET

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RENO, Nev., March 23 /PRNewswire/ -- Ascentia Capital Partners, LLC (ACP) announces that Delaware-based DuPont Capital Management (DCM) will begin managing an International/Emerging Markets strategy in the Alternative Strategies Mutual Fund.

"We are delighted to have DuPont Capital Management as a part of the Alternative Strategies Mutual Fund.  They bring an experienced management team and a complementary strategy to the other alternative investment strategies currently employed by the Fund. We believe the addition of DCM clearly enhances the institutional quality of the Fund, which seeks to provide attractive risk-adjusted returns and low correlation to broad domestic markets," stated Stephen D. McCarty, Managing Partner, Ascentia Capital Partners.

Brendan P. Naughton, Principal, Marketing & Client Services, DuPont Capital Management, said, "DuPont Capital Management is pleased with the opportunity to partner with Ascentia Capital Partners.  We believe the Alternative Strategies Mutual Fund is well positioned in this market environment and the Fund provides both advisors and investors a valuable tool to broaden portfolio diversification."

For more information about the Alternative Strategies Mutual Fund (AASFX), please visit www.AscentiaFunds.com

For more information about DuPont Capital Management (DCM), please visit www.DuPontCapital.com

About Ascentia Capital and the Alternative Strategies Mutual Funds

Ascentia Capital Partners, LLC, is an independent, privately-owned, registered investment advisor specializing in global asset management of alternative investments. Ascentia provides innovative alternative investment strategies that are designed to enhance returns, provide diversification, and reduce volatility. The Alternative Strategies Mutual Fund is a Multi-Manager, Multi-Strategy investment vehicle that offers the diversification benefits of alternative investments together with the convenient shareholder features of a mutual fund. The Fund was developed to enable consultants and investors the opportunity to benefit from a diversified mix of alternative investment strategies and asset classes. The Alternative Strategies Mutual Fund's objective is long-term capital appreciation with low correlation to broad market indices.

About DuPont Capital Management

DuPont Capital Management (DCM) has managed institutional pension assets for over 34 years. DCM applies value-based global investment capabilities that combine valuation and risk control disciplines in a process designed to produce risk-efficient excess returns that satisfy their clients' investment objectives. DCM currently manages portfolios across a diverse spectrum that spans capitalization, geography and asset classes. The Firm has built a professional investment team to manage its parent corporation's pension plan assets and since 1999 DCM has offered its investment capability to other institutional investors.

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  866-506-7390. Please read it carefully before investing.

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

Correlation is a measure of the interdependence of two random variables.

Mutual fund investing involves risk. Principal loss is possible. The Fund invests in foreign securities, which involves greater volatility; greater political, economic, currency risk; and differences in accounting methods. The Fund invests in smaller companies, which involves additional risks such as limited liquidity and greater volatility. Investments in debt securities decrease in value when interest rates rise and this risk is greater for longer-term debt securities. Certain hedging techniques and leverage employed in the management of the Fund may accelerate the velocity of possible losses. Short selling involves the risk of potentially unlimited increase in the market value of the security sold short, which could result in potentially unlimited loss for the Fund. Derivatives involve investment exposure that may exceed the original cost and a small investment in derivatives could have a large potential impact on the performance of the Fund. Options held in the Fund may be illiquid and the fund manager may have difficulty closing out a position. The Fund strategies and potential for high turnover could affect the amount, timing, and character of distributions. The Fund will bear its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than would be the case if making direct investments in the underlying ETFs. Because the Fund invests in ETFs, it is subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's shares may trade at a discount to its net asset value ("NAV"), 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. Alternative investments may not be suitable for all investors. Diversification does not assure a profit or protect against loss in a declining market.

The Alternative Strategies Mutual Fund is distributed by Quasar Distributors, LLC.

Contact: Steve McCarty

Ascentia Capital Partners, LLC

Phone 775 828 4200 x 14

Fax 775 828 4201

SOURCE Ascentia Capital Partners, LLC

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