Alaia Capital Launches Novel Fund Platform to Deliver Outcome-Driven Investments
DARIEN, Conn., Jan. 5, 2017 /PRNewswire/ -- Alaia Capital recently launched the Alaia Market Linked Trust: an innovative platform offering outcome-driven structured solutions via unit investment trusts (UITs). The Trust issues UIT series that deliver defined payoffs at maturity linked to particular ETFs, tailoring the risk-return of beta through increased upside capture and/or partial downside protection.
"We're pleased to bring to market the first truly scalable fund solution for outcome-driven structured investments," said Oscar Loynaz, co-founder of Alaia Capital. "Alaia's UITs can effectively lower portfolio variability when compared to instruments with full market exposure."
The first UIT issued under the Trust is linked to the SPDR® S&P 500® ETF with a maturity of two years and offers twice any increase on the ETF up to a maximum return of 19%, while protecting against the first 10% decrease.*
Outcome-driven investments have been accessed mostly through structured notes, which are generally bank-issued debt securities. Some investor concerns about notes include issuer credit risk, perceived lack of transparency, and best-efforts secondary liquidity. Alaia Trust UITs have differentiating characteristics**: (i) they are registered under the 1940 Act and provide daily liquidity at NAV, (ii) they contain listed options issued by the OCC so there is no bank credit risk, (iii) full disclosure of asset composition and expenses, and (iv) all assets/derivatives are subject to institutional price discovery.
ABOUT ALAIA CAPITAL
Alaia Capital is an independent financial services firm focused on innovative and alternative investment solutions delivered through fiduciary frameworks. The company is led by senior executives from top tier investment banks with extensive derivatives and structured product backgrounds. The firm is an SEC-registered investment advisor located in Darien, Connecticut. Learn more at www.alaiacapital.com.
*The units will have downside exposure to negative returns beyond a 10% decline; investors will not receive any dividends or distributions on the ETF.
**A registration statement relating to these securities is on file with and has been declared effective by the SEC. Any offering of the Trust may be made only by means of a prospectus, available at www.sec.gov or from Beech Hill Securities, Inc. Potential investors must read the prospectus carefully, as it contains the Trust's investment objectives, risks, expenses and other information to be carefully considered before investing.
Securities offered through Beech Hill Securities, Inc., a registered broker-dealer, member FINRA/SIPC. Learn more at www.beechhillsecurities.com.
Contact:
Daniel Yang
[email protected]
203-608-4577
SOURCE Alaia Capital
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