Altegris Introduces New Fund

Altegris Advisors, the portfolio management and research group, introduced on Thursday the Altegris Futures Evolution Strategy Fund, which brings managed futures managers Winton Capital Management and ISAM together with award-winning fixed income manager Jeffrey Gundlach.

Gundlach’s firm, DoubleLine, will act as the sub-adviser for the fixed income portion of the new fund and allocate assets between three portfolios -- core, opportunistic fixed income and short-duration.

Altegris says the fund represents a giant step forward in that the typical managed futures fund allocates a large percentage of its assets to highly liquid, short-term fixed income. Given today’s low interest rate environment, the company believes better returns may be possible with an actively managed fixed income approach that’s combined with a focused managed futures strategy.

The Altegris Futures Evolution Strategy Fund, said Altegris CEO and president Jon Sundt, is “a fixed-income fund with a kicker.”

Altegris says key features of the fund include:

-- Exposure to the potential benefits of managed futures and fixed income.

-- An actively-managed, dynamic portfolio.

-- Daily liquidity.

-- Low minimum investment.

-- No investor financial pre-qualifications.

-- 1099 tax reporting.

-- The availability of individual and institutional share classes.

 

 

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