NEW YORK, March 23, 2016 /PRNewswire/ -- RiskX Investments proudly announces that shareholders of the Rx MAR Tactical Funds have approved the appointment of Deborah Frame as co-portfolio manager of the Rx MAR Tactical Funds ("MAR Funds"), including the Rx MAR Tactical Growth Fund and the Rx MAR Moderate Tactical Growth Fund. This move returns one of the original portfolio managers, now with Frame Global Asset Management, Ltd. ("Frame Global") to the MAR Funds. Frame Global is an independent investment manager focused on downside risk management.
More information about the funds can be found by visiting: http://www.riskxinvestments.com/.
Previously, RiskX Investments announced its exclusive U.S. partnership with Frame Global to sub-advise the MAR strategies. Shareholders have now approved Frame Global to provide its skills and experience to the Mutual Fund versions of MAR.
"We continue to be delighted by our partnership with Deborah Frame and her firm," said John Pileggi, CEO of RiskX Investments. "Investors who know Deborah want access to the MAR strategies in all forms, including model portfolios, managed accounts and once again Mutual Funds. We are delighted that existing shareholders agree with the recommendation of the Funds' trustees."
The funds seek to achieve their investment objectives by allocating assets to a mix of equities, fixed income securities, cash and commodities. They invest in Exchange Traded Funds ("ETFs") whose underlying investments trade in U.S. and international (developed and emerging) markets, but are listed on U.S. exchanges. The managers use a Macroeconomic Assessment of Risk (MAR) analysis to forecast the macroeconomic environment over a one-year time horizon, as well as statistical models to determine the impact the macroeconomic environment may have on the risk/return profile and correlations of multiple asset classes.
The MAR strategy will be employed to ensure continuity with objectives and risk parameters. But the sub-advisor change is intended to also bring some improvements to the investment process, with minor refinements to address recent market changes such as outlook adjustments made for equity markets in regions with active quantitative easing programs.
Ms. Frame was originally named a co-portfolio manager, with Charles McNally, to the MAR Funds when they were launched in December 2013. She is rejoining to manage with Mr. McNally, who is also Chief Portfolio Strategist of RiskX Investments.
"I'll be playing a critical role in ensuring continuity with the funds, preserving the downside risk-aware philosophy that has delivered value for advisors and their clients," said Ms. Frame. "I was there at the inception of these Funds, and remain passionately committed, as are my partners at RiskX Investments, to the provision of these strategies in all formats."
Veteran alternative investment manager, Welton Fund Advisors, LLC ("Welton") will also act as a sub-advisor to the MAR Funds. Welton was selected for the firm's expertise in risk-management and trading and was also approved by shareholders of the MAR Funds.
About RiskX Investments
RiskX Investments, LLC offers access to a wide array of boutique asset managers and tactical strategists within a series of sub-advised mutual funds and separately managed accounts. The company's proprietary research platform covers a broad spectrum of active investing from traditional single manager risk-adjusted strategies to multi-strategy tactical risk managed solutions. RiskX Advisor delivers a suite of client engagement, workflow management, and portfolio design and construction programs for financial advisors and institutions. RiskX Investments is registered as an investment adviser with the U.S. Securities and Exchange Commission. Registration with the SEC does not imply a certain level of skill or training. To learn more about RiskX Investments, visit http://www.riskxinvestments.com/.
Important Disclosures
Investing in the Funds involves risk. Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions.
General ETF Risk: The cost to a shareholder of investing in the Funds may be higher than the cost of investing directly in ETF shares and may be higher than other mutual funds that invest directly in equities. You will indirectly bear fees and expenses charged by the ETFs in addition to the Fund's direct fees and expenses.
Foreign Securities Risk: International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or smaller capital markets.
Tracking Error Risk. ETFs typically trade on securities exchanges and their shares may, at times, trade at a premium or discount to their net asset values. In addition, an ETF may not replicate exactly the performance of the benchmark index it seeks to track for a number of reasons, including transaction costs incurred by the ETF, the temporary unavailability of certain index securities in the secondary market or discrepancies between the ETF and the index with respect to the weighting of securities or the number of securities held.
Emerging Markets Risk. The Fund may invest in foreign securities that may include securities of companies located in developing or emerging markets, which entail additional risks, including: less social, political and economic stability; smaller securities markets and lower trading volume, which may result in less liquidity and greater price volatility; national policies that may restrict securities investment opportunities, including restrictions on investments in issuers or industries, or expropriation or confiscation of assets or property; and less developed legal structures governing private or foreign investment.
Fund of Funds Structure. Investments in securities of other investment companies, including ETFs, are subject to statutory limitations prescribed by the 1940 Act. Absent an available exemption, the Fund may not: (i) acquire more than 3% of the voting securities of any other investment company; (ii) invest more than 5% of its total assets in securities of any one investment company; or (iii) invest more than 10% of its total assets in securities of all investment companies.
Many ETFs have obtained exemptive relief from the SEC to permit unaffiliated funds to invest in the ETF's shares beyond the above statutory limitations, subject to certain conditions and pursuant to a contractual arrangement between the particular ETF and the investing fund. The Fund may rely on these exemptive orders to invest in unaffiliated ETFs. If the Fund is unable to rely on an exemptive order, the limitations discussed above may prevent the Fund from allocating its investments in the manner the Advisor considers prudent, or cause the Advisor to select an investment other than that which the Advisor considers suitable. Because the Funds' investments are concentrated in underlying funds, and the Funds' performance is directly related to the performance of such underlying funds, the ability of the Fund to achieve its investment objective is directly related to the ability of the underlying funds to meet their investment objectives.
For a complete list of fund risks, please see the prospectuses.
For more complete information on the RX Funds, you can obtain a prospectus containing complete information for the funds by calling 866-410-2006, or by visiting www.riskxfunds.com. Please read the prospectus carefully before investing. You should consider the fund's investment objectives, risks, charges, and expenses carefully before you invest or send money. Information about these and other important subjects is in the Fund's prospectus or summary prospectus.
Shares of the Rx Funds and AI Funds are distributed by Matrix Capital Group, Inc., which is not affiliated with RiskX Investments, LLC.
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SOURCE RiskX Investments
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