Kauser Management announced the launch of The Technical Chart Fund, a market-neutral, no-load, mutual fund that incorporates hedging strategies and is managed by a former hedge fund manager.

The Technical Chart Fund is designed to achieve long-term capital appreciation during all market phases and holds both long and short positions of stocks. The minimum investment is $5,000 and $1,000 for retirement accounts. It is part of the Professionally Managed Portfolio Series by US Bancorp Fund Services. The fund will always hold both long and short positions, but will never allow short positions to outnumber the long one.

"In this era of extremely volatile stock markets and economic uncertainty, The Technical Chart Fund will enable the average investor to participate in a fund that will attempt to provide a hedge against severe losses during declining markets," said Matthew Rich, manager of the fund, in a statement. "The fund will utilize an investment strategy that has generally only been available to wealthy individuals eligible to invest in hedge funds."

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