Gemini Launches Northern Lights Fund Trust II

HAUPPAUGE, N.Y., June 21, 2011 /PRNewswire/ -- Gemini Fund Services, LLC (Gemini), an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, is pleased to announce the launch of Northern Lights Fund Trust II (NLFT II), its second shared mutual fund trust. Through the trust, Gemini is partnering with advisors to develop pooled investment solutions, focusing on alternative investment funds in order to help meet growing market demand.

(Logo:  http://photos.prnewswire.com/prnh/20100524/NY09182LOGO )

"Gemini's mission is to partner with advisors to develop pooled investment solutions that meet their specific vision and needs. We work one-on-one with advisors, helping them to define and implement their fund's marketing and distribution plans," said Andrew Rogers, President of Gemini. "We expect continued growth in the alternative funds within our new trust as more advisors seek risk protection and diversification through alternative investment products."

NLFT II, like the first Northern Lights Fund Trust, is a shared mutual fund trust of independent funds, all managed by separate advisors. The original trust has proven very successful, doubling assets in 2010 and increasing by another 20% in the first quarter of 2011. To date, the original trust has almost 70 funds and more than $5.6 billion in assets.

So far, advisors managing five funds have joined the new trust to gain operational efficiency, economies of scale, regulatory compliance and board oversight, and fund sales on a scale otherwise not achievable.

"Gemini enables small- and mid-sized funds to compete in an increasingly costly and regulated environment. Besides helping them to formulate their fund's marketing and distribution plans, we introduce them to broker/dealers that fit their fund," said Mr. Rogers. "By setting up webinars with their representatives, taking advisors to their offices and even organizing small conferences that showcase a particular fund, we will work to make a success out of every fund that joins our new trust."

For media inquiries, please contact Dana Taormina at 973-850-7305 or [email protected].

About Gemini Fund Services, LLC

Gemini Fund Services, LLC (www.geminifund.com) provides comprehensive, pooled investment solutions as an engaged partner to independent advisers. Gemini serves as a strategic partner and resource to advisers that want to bring their own, unique investment vehicles to market, including mutual funds, hedge funds, and alternative investments such as collective investment trusts. As a full-service firm, Gemini provides the administration, accounting, and technology that advisers need in order to launch and market successful products. With over 25 years of experience creating and servicing funds, Gemini brings years of industry knowledge and insight to help advisers achieve the vision of their product and deliver the most extensive range of turnkey solutions to clients.

1287-6/20/11

SOURCE Gemini Fund Services