Taylor Alternative Mutual Funds has launched the Taylor Xplor Managed Futures Strategy Fund (TMFIX), the first mutual fund of the Taylor ALTS family of funds.
The fund will bet on a variety of asset classes, including commodities, currencies, equity indices and global interest rates, and is intended to complement traditional equity and fixed income investments, according to the firm.
BlackRock is the fixed income sub-advisor and will oversee management of the cash portion of the strategy. Xplor Capital, a registered commodity trading advisor, is the trading manager for the Taylor Xplor Fund, which is currently available on the Pershing Advisor Solutions platform or through a direct transaction with the custodian (Union Bank).
"We created the Taylor Xplor Fund to meet the changing allocation needs of financial advisors and their clients resulting from the 2008 financial crisis, which has led to artificially low interest rates and global economic instability," stated Kevin McDonald, chief executive officer of Taylor Investment Advisors.