361 Capital Launches Global Macro Opportunity Fund
DENVER--(BUSINESS WIRE)--361 Capital, an asset management firm specializing in liquid alternative mutual funds, today announced that it has launched the 361 Global Macro Opportunity Fund (Tickers AGMQX & AGMZX), which will be team managed and led by Blaine Rollins, who joined 361 Capital in 2011 and was formerly a portfolio manager at Janus. The Fund became effective June 30.
“We’ve created an analytical framework and models that drive asset allocation, and we’ve built in the flexibility to incorporate proprietary screens that will allow us to enhance the portfolio. It’s a great combination of my view on macro trends and the financial markets with a systematic approach to investing.”
Before joining 361 Capital as Managing Director and Senior Portfolio Manager, Mr. Rollins was Executive Vice President at Janus Capital, where he served as portfolio manager of the Janus Fund, Janus Balanced Fund, Janus Equity Income Fund, Janus Aspen Growth Portfolio, Janus Advisor Large Cap Growth Fund and the Janus Triton Fund. He was with Janus for a total of 16 years and then became an independent investor for nearly five years.
“I am excited to be back managing a mutual fund, especially with the team at 361,” said Mr. Rollins. “We’ve created an analytical framework and models that drive asset allocation, and we’ve built in the flexibility to incorporate proprietary screens that will allow us to enhance the portfolio. It’s a great combination of my view on macro trends and the financial markets with a systematic approach to investing.”
As lead manager of the 361 Global Macro Opportunity Fund, Rollins invests in a wide range of asset classes that provide exposure principally to U.S. and foreign equity securities, fixed income securities, commodities and currencies. He also can invest in indices based on a broad range of individual securities, commodities and currencies. The Fund may take both “long” and “short” positions and currently offers two classes of shares: Class A and Class I.
The Fund’s opportunistic, “go anywhere” investment strategy will allow Mr. Rollins to take advantage of the investment management experiences he has had throughout his lengthy career. The Fund is expected to be classified in the Morningstar Multialternative category and its objective is to seek long-term positive absolute return.
Mr. Rollins is also known for writing the 361 Capital Weekly Research Briefing, in which he shares his unique market perspective on the major moves, macroeconomic trends and economic data points that are driving markets and the economy. The Briefing is picked up by several prominent blogs, and has a following of more than 11,000 subscribers.
“We launched the Global Macro Opportunity Fund in part because we heard from advisors who wanted to be able to invest in the ideas that Blaine expresses in his weekly commentary,” said Tom Florence, CEO of 361 Capital. “This is a great addition to our line-up as we continue to build out our roster of liquid alternative mutual funds for advisors and their clients.”
Mr. Rollins is Director of the LIVESTRONG Foundation and both serves on its Executive Committee and is Chairman of the Audit Committee. Mr. Rollins is a Chartered Financial Analyst and a graduate of the University of Colorado, where he studied finance. He began his career as a financial analyst at AMG Guaranty Trust (formerly Asset Management Group).
The 361 Global Macro Opportunity Fund is available through the major platforms, including Schwab, Fidelity, TD Ameritrade, Pershing and others.
About 361 Capital
361 Capital is an asset management firm specializing in liquid alternative investments. Founded in 2001, the firm is a pioneer in delivering innovative alternative investment strategies to investors in highly liquid vehicles. 361 Capital specializes in managed futures, long/short equity, multi-strategy, and global macro strategies, accessible through mutual funds, limited partnerships, and separate accounts. The firm distributes its products through investment advisors and institutions. For more information, call 866-361-1720 or visit www.361capital.com.
Investors should consider the 361 Global Managed Futures Strategy Funds’ investment objectives, risks, charges and expenses carefully before investing. For a prospectus, or summary prospectus, that contains this and other information about the Fund, call 1-888-736-1227 or visit www.361capital.com. Please read the prospectus or summary prospectus carefully before investing.
Past performance does not guarantee future results. The Funds’ performance may be influenced by political, social and economic factors affecting investments in foreign markets, including exposure to currency fluctuations relative to the U.S. dollar, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability, and differing auditing and legal standards. Emerging markets tend to be more volatile than the markets of more mature economies. The value of securities held by the Funds may fall due to general market and economic conditions. The securities of small-cap companies may be subject to more abrupt or erratic market movements; trading may be more erratic or have lower volume than securities of larger companies. Fixed income securities are subject to the risk that securities could lose value because of interest rate, inflation and credit changes.
Derivatives can be highly volatile, illiquid and difficult to value, and changes in the value of a derivative held by the Funds may not correlate with the underlying instrument or the Funds’ other investments. The Funds may make short sales, which may expose the Funds to the risk that it will be required to "cover" the short position at a time when the underlying instrument has appreciated in value, thus resulting in a loss to the Funds. Losses may be incurred even if they are “covered”. The use of leverage may further magnify the Funds’ gains or losses.
Funds’ performance may be more vulnerable to changes in the market value of a single position and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund. The Funds may have limited or no track record on which to base investment decisions. Regulators may undertake rulemaking, supervisory or enforcement actions that would adversely affect the Funds. Active and frequent trading may lead to a greater proportion of the Funds’ gains being treated for federal income tax purposes as short-term capital gains or to distribute taxable income to its shareholders sooner than it would have distributed income if the investments were held for longer periods of time. Frequent trading and overlapping security transactions including ETFs would also result in transaction costs, which could detract from performance.
Alternative Investments are speculative and involve substantial risks. It is possible that investors may lose some or all of their investment.
The 361 Funds are distributed by IMST Distributors, LLC.