Hatteras Funds has launched the Hatteras Managed Futures Strategies Fund (HMFIX, HMFAX), which bets on an existing $56 million strategy of the Hatteras Alpha Hedged Strategies Fund (ALPHX, APHAX, APHCX, ALPIX), a multi-strategy, multi-manager alternative mutual fund.
Dominion Capital Management, 2100 Xenon Group, Northfield Trading, and Revolution Capital Management serve as the fund’s managers.
“The Hatteras Managed Futures Strategies Fund is another Hatteras alternative investment vehicle designed to help advisors and investors allocate more to alternatives without sacrificing liquidity,” stated Bob Worthington, president of Hatteras Funds.
“This fund draws upon our ability to create a diversified portfolio of managed futures managers to potentially dampen volatility while also offering the potential portfolio benefits of non-correlation associated with this asset class.”
