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Products August 9, 2010
Natixis Global Associates Launches New Managed Futures Mutual Fund
Nataxis Global Associates has unveiled Natixis ASG Managed Futures Strategy Fund
(AMFAX) to be managed by AlphaSimplex Group (ASG).
Reported by PLANADVISER staff
The fund seeks to meet its absolute return objective by using multiple trend-following models across a broadly diversified portfolio of asset classes and markets, and limits risk by managing to a strict annualized volatility target and by employing dynamic drawdown controls.
AMFAX is a U.S. ’40 Act fund, available only to U.S. investors through A, C and Y shares. Using highly liquid futures and currency forward contracts to gain desired market exposures, ASG offers a risk-controlled managed futures strategy with the convenience of a mutual fund. Fund management employs a proprietary trend following approach that dynamically adjusts position weights in response to changing market conditions. An annualized volatility target and dynamic drawdown controls help manage its risk. The minimum investment is $2,500 for A and C shares, $100,000 for Y shares.
More information can be found at www.funds.natixis.com.