Gemini Partners With Newfound Research To Launch Risk Managed Global Sectors Fund

HAUPPAUGE, N.Y., June 2, 2014 /PRNewswire/ -- Gemini Fund Services, LLC (Gemini), an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, has joined forces with Newfound Research LLC (Newfound) to launch the Newfound Risk Managed Global Sectors Fund (NFGAX/NFGCX/NFGIX), a rules-based mutual fund seeking to offer risk-managed exposure to global equity markets.

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The Fund is designed to create a long-only, unlevered portfolio of global equities, and has the flexibility to convert all holdings to cash if necessary. This objective corresponds to Newfound's "Protect and Participate" investment approach, which attempts to shield investors from large losses. Newfound's proprietary investment models reduce or eliminate the Fund's exposure to sectors that exhibit negative momentum, and reallocate to sectors demonstrating positive momentum.

"This Fund fills a need in the market for a strategy delivering global equity exposure while seeking to protect investors from potential market downturns," said Andrew Rogers, Chief Executive Officer of Gemini. "We are glad to assist Newfound Research in bringing this protection-focused strategy to a broader array of investors."

The Fund's underlying portfolio consists of 11 iShares Global Sector exchange-traded funds, which hold stocks from companies in the U.S. and international developed and emerging markets, as well as a cash component. All sectors in the portfolio are equally weighted, and Newfound evaluates its investment models on a weekly basis.

Gemini is providing administration, accounting, custody and transfer agency services that enable Newfound to focus on managing the Fund and raising assets. In addition, one of Gemini's sister companies, Northern Lights Distributors, LLC, helped Newfound create sales, distribution and marketing plans for the Fund and has facilitated introductions to broker-dealers.

"Gemini's support and flexibility were invaluable to us during the process of launching our Fund," said Corey Hoffstein, Chief Investment Officer of Newfound and the Fund's Portfolio Manager. "We look forward to their continued assistance as we communicate the value of our strategy and our investment approach to more investors."

For media inquiries, please contact Jami Schlicher at 973-850-7309 or [email protected]. 

About Gemini Fund Services, LLC

Gemini Fund Services, LLC (www.geminifund.com) provides comprehensive, pooled investment solutions as an engaged partner to independent advisors. Gemini serves as a strategic partner and resource to advisors that want to bring their own, unique investment vehicles to market, including mutual funds, exchange-traded funds, funds on insurance platforms and more. As a full-service firm, Gemini provides the administration, accounting and technology that advisors need in order to launch and market successful products. With over 30 years of experience creating and servicing funds, Gemini brings years of industry knowledge and insight to help advisors achieve the vision of their product and deliver the most extensive range of solutions to clients.

About Newfound Research LLC

Newfound Research is a Boston-based registered investment advisor and quantitative asset manager focused on rule-based, outcome-oriented investment strategies. Newfound specializes in tactical risk management and is one of the pioneers in the research and use of dynamic, volatility-adjusted momentum models. For more information about Newfound, visit www.thinknewfound.com.

Glossary

Long position: buying an asset or security such as a stock, commodity, or currency that gives partial ownership to the buyer of the position with the expectation that the asset will rise in value.

Volatility-adjusted momentum: investment model seeking to address several problems with rate-of-change indicators.

There is no assurance that the Fund will achieve its investment objective.

Adverse changes in currency exchange rates may erode or reverse any potential gains from the Fund's investments.  ETF's are subject to specific risks, depending on the nature of the underlying strategy of the fund. These risks could include liquidity risk, sector risk, as well as risks associated with fixed income securities, real estate investments, and commodities, to name a few.  Typically, a rise in interest rates causes a decline in the value of fixed income securities.  A higher Fund turnover will result in higher transactional and brokerage costs.

Like all quantitative analysis, the adviser's investment model carries a risk that the mathematical model used might be based on one or more incorrect assumptions.  No assurance can be given that the fund will be successful under all or any market conditions.  Investments in foreign securities could subject the Fund to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards.  In addition to the risks generally associated with investing in securities of foreign companies, countries with emerging markets also may have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries, and securities markets that trade a small number of issues. 

Investors should carefully consider the investment objectives, risks, charges and expenses of the Newfound Risk Managed Global Sectors Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-855-394-9777. The prospectus should be read carefully before investing. The Newfound Risk Managed Global Sectors Fund is distributed by Northern Lights Distributors, LLC, Member FINRA.  Newfound Research, LLC is not affiliated with Northern Lights Distributors, LLC. 

2098-NLD-5/30/2014
5877-GFS-5/30/2014

CONTACT: Jami Schlicher
Jennifer Connelly Public Relations
973-850-7309
[email protected]

SOURCE Gemini Fund Services, LLC