SignalPoint Capital Management has launched the SignalPoint Global Alpha Fund, the firm's first open-ended mutual fund, which is based on its separately managed account strategies. The fund offers both investor and institutional share classes, trading under symbols SPGAX, SPGCX and SPCFX.

The fund utilizes First Trust's AlphaDEX diverse suite of enhanced index exchange-traded funds to allocate assets across styles, sectors and countries.

"Typically, advisors take a 'set it and forget it' approach to ETF portfolio management," stated Michael Orzel, chief executive officer of SignalPoint Capital Management. "At SignalPoint, we believe there's a better way. This fund is designed to provide access to a dynamic ETF strategy that focuses on capturing gains and reducing downside risk in various market environments. We believe the result is a strategy that allows advisors to focus on meeting client needs with confidence that they are actively investing in a dynamic and changing market."

SignalPoint plans to distribute the fund alongside its existing separately managed account strategies through independent, regional and wirehouse advisors via Multi Funds.

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