Kauser Management has launched the Technical Chart Fund, a market-neutral mutual fund that will attempt to achieve long-term capital appreciation in both bull and bear markets by holding both long and short positions of stocks with a wide range of market capitalization. The fund is a no-load mutual fund with a minimum investment requirement of $5,000.
"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 hedge against severe losses during declining markets. The fund will utilize an investment strategy that has generally only been available to wealthy individuals eligible to invest in hedge funds," said Matthew Rich, manager of the fund.
By holding both long and short positions in the fund, there is potential to make money in all types of stock market positions. This comes in contrast to traditional mutual funds, which make money when the entire portfolio and securities rise in value. The funds name is dervived from the methods of analysis when making investments for the portfolio. It seeks to differentiate itself from fundamental analysis, which is only concerned with the financial position of a particular company. According to the firm, technical chart analysis is concerned with a securities price trends over a specific period.