LoCorr Funds Announces the Launch of Their Market Trend Fund
The Fund combines the quantitative macro trading expertise of Graham Capital Management, L.P. with LoCorr Funds’ experienced distribution team to bring a low-correlated, competitively priced solution to the marketplace.
MINNEAPOLIS--(BUSINESS WIRE)--LoCorr Funds is pleased to announce the launch of their new Market Trend Fund. The Market Trend Fund will be managed principally by Graham Capital Management, L.P., (“Graham Capital”) utilizing a quantitative trading system driven by multiple trend-following models that select long and short positions in the global futures and foreign exchange markets. The Fund trades a broad range of markets, including global interest rates, foreign exchange, global stock indices and commodities. Market Trend’s primary investment objective is capital appreciation in both rising and falling markets, thereby providing diversification to traditional investments, with managing volatility as a secondary objective.
“We are very excited to add the Market Trend Fund to our growing lineup of low-correlating strategies available to our partner firms and their clients”
LoCorr Fund Management has oversight of the Fund’s investments and will manage the allocations within the Fund’s investment strategies. In addition to the Fund’s principal investment strategy sub-advised by Graham Capital, the Fund will employ a cash management program sub-advised by Nuveen Asset Management (“Nuveen”).
“We are very excited to add the Market Trend Fund to our growing lineup of low-correlating strategies available to our partner firms and their clients,” said Kevin Kinzie, CEO of LoCorr Funds. “We enthusiastically embrace the chance to partner with Graham Capital, and the timing could not be better.”
Graham Capital was founded in 1994 by Kenneth G. Tropin as a proprietary trading company and currently manages approximately $7 billion in AUM for global institutions and individual investors. Graham Capital focuses on macro-oriented quantitative and discretionary investment strategies in the global fixed income, currency, commodity and equity markets. The firm’s strategies are designed to produce robust absolute and risk-adjusted returns while maintaining low correlation to traditional asset classes, as well as other alternative investment strategies. LoCorr is pleased to offer Graham Capital’s quantitative macro trading expertise in a liquid, competitively priced mutual fund.
“Quantitative macro trading has been a core competency at Graham for 20 years. Our client base consists primarily of global institutions seeking strategies that provide strong absolute returns as well as diversification to a traditional portfolio. As the use of liquid alternatives has expanded, we are excited to bring our investment strategy to the market in a liquid, mutual fund format,” says Kenneth G. Tropin, Chairman and Founder of Graham Capital.
About LoCorr Funds
LoCorr Funds today is well-known for educating advisors and investors about the advantages of including low-correlating, alternative investments in portfolios. The LoCorr Market Trend Fund is the fifth fund in LoCorr’s lineup, joining the LoCorr Managed Futures Strategy Fund, LoCorr Long/Short Commodities Strategy Fund, LoCorr Long/Short Equity Fund, and Spectrum Income Fund.
Since its founding, LoCorr Funds has promoted the use of low-correlating investment strategies for the potential of enhancing returns and reducing risk in portfolios. Through its strong distribution network, the firm remains well positioned for continued growth as investors demand alternatives to traditional investments to help achieve portfolio diversification. LoCorr Funds is headquartered in Excelsior, MN. For more information, please visit www.LoCorrFunds.com, www.LoCorrFundManagement.com, or call 1.888.628.2887.
The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1.855.LCFUNDS, or visiting www.LoCorrFunds.com. Read it carefully before investing.
Mutual fund investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in small – and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. ETF investments are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in stocks and bonds. ETFs are subject to specific risks, depending on the nature of the ETF.
Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security. Current and future holdings are subject to risk. References to other mutual funds should not be interpreted as an offer to these securities. One cannot invest directly in an index.
Correlation measures how much the returns of two investments move together over time. Diversification does not assure a profit nor protect against loss in a declining market.
The LoCorr Funds are distributed by Quasar Distributors, LLC. Graham Capital Management, L.P. and Nuveen Asset Management are sub-advisers to the LoCorr Market Trend Fund. The sub-advisers are not affiliated with Quasar Distributors, LLC.
© 2014 LoCorr Funds