MINNEAPOLIS--(BUSINESS WIRE)--LoCorr Long/Short Commodities Strategy Fund won the 2016 Thomson Reuters Lipper Fund Award in the best Commodities General fund category over a three-year period ended 11/30/15, among 113 funds based on historical risk-adjusted returns.
The Fund and its sub-advisor Milburn Ridgefield Corporation — a prominent alternative investment management firm with over four decades of experience investing in global markets —were recognized by The Lipper Fund Awards program for outperforming peers based on risk-adjusted, consistent returns. The LoCorr Long/Short Commodities Strategy Fund Class I shares (Ticker: LCSIX) received the Lipper Fund Award in the Commodities General fund category for the 3-year period.
LoCorr Long/Short Commodities Strategy Fund invests in globally diversified long and short commodities futures and fixed income securities that have the potential to provide profit in up and down markets and additional diversification to portfolios. The Fund has demonstrated low to near zero correlation to traditional markets.
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. For more information, please visit http://excellence.thomsonreuters.com/award/lipper.
“We are incredibly honored that the Long/Short Commodity Fund was acknowledged by Lipper this year,” said Kevin Kinzie, CEO of LoCorr Funds. “These awards are a testament to the power of our model, which is committed to partnering with high quality investment managers with deep expertise and experience, delivering distinctly managed, innovative and competitive investment solutions.”
About LoCorr Funds
LoCorr Funds today is well-known for educating advisors and investors about the advantages of including alternative investments in portfolios. The LoCorr Long/Short Commodities Strategy Fund is one of the funds in LoCorr’s lineup; other funds include, LoCorr Managed Futures Strategy Fund, LoCorr Long/Short Equity Fund, LoCorr Spectrum Income Fund, LoCorr Market Trend Fund, and LoCorr Multi-Strategy 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 historically strong distribution network, we believe 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 an individual investment’s 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. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investing in commodities may subject the Fund to greater risks and volatility as commodity prices may be influenced by a variety of factors including unfavorable weather, environmental factors, and changes in government regulations. The Fund may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Fund may access derivatives via a swap agreement. A risk of a swap agreement is the risk that the counterparty to the agreement will default on its obligation to pay the Fund. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in Asset Backed, Mortgage Backed, and Collateralized Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.
Past performance is not indicative of future results. 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.
A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three-, five- or ten-year period. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user’s own risk. This is not an offer to buy or sell securities. Lipper—a Thomson Reuters company is an independent mutual fund research and rating service. The award is specific to Class I shares and does not apply to other share classes of the Fund.
The LoCorr Funds are distributed by Quasar Distributors, LLC. Millburn Ridgefield Corporation. is sub-adviser to the LoCorr Long/Short Commodities Strategy Fund. Millburn is not affiliated with Quasar Distributors, LLC.
© 2016 LoCorr Funds