Equinox Fund Management Selects BNP Paribas for Administrative Services of the Frontier Fund
PRINCETON, N.J., June 6, 2012 /PRNewswire-iReach/ -- Equinox Fund Management, LLC ("Equinox"), a leading US alternative investment manager with approximately $1.5 billion in assets under management as of April 30, 2012, announces that BNP Paribas Financial Services ("BNP Paribas") is providing administrative services for The Frontier Fund, a public managed futures family of funds with daily liquidity. The mandate follows Equinox's selection of BNP Paribas in January 2012 for administrative services of its mutual fund offerings, including:
- MutualHedge Frontier Legends Fund ("MutualHedge") — the first actively managed, multi-advisor mutual fund with exposure to Commodity Trading Advisor ("CTA") Programs (Tickers: MHFAX, MHFCX, MHFIX)
- Equinox Alternative Strategy Platform — the first to offer institutional and high net-worth investors access to single CTA programs in a 1940 Act mutual fund structure (Tickers: EECIX, EJLIX, EQQCX)
The solution BNP Paribas created for The Frontier Fund simultaneously calculates daily equity and trading notional value for each managed futures trading company utilized by the Fund.(1) "We've enjoyed a positive experience with BNP Paribas and believe they are the right choice to deliver the highest-quality administrative services for The Frontier Fund," commented Bob Enck, President and CEO of Equinox. "BNP Paribas has raised the industry standard and continues to provide us with independent, best-in-class fund administration services."
Equinox has been an innovator in alternative investment product development and distribution since its founding in 2003. Since it launched in December 2009, MutualHedge has grown to approximately $875 million under management as of March 31, 2012. Representing one of the largest alternative investment mutual funds, MutualHedge is available through broker dealers and registered investment advisers across the country. Equinox launched the Equinox Commodity Strategy Fund in December 2010 and the Equinox Alternative Strategy Platform in March 2012.
For more information, go to www.equinoxfundmanagement.com.
Securities offered through Equinox Group Distributors, LLC, Member FINRA, 47 Hulfish Street, Suite 510, Princeton, NJ 08542, 1-877-837-0600
There is no guarantee that managed futures or the Funds sponsored by Equinox will meet their intended objective; accordingly, investors could lose a substantial portion, or even all, of their investment. This is not an offer to sell or a solicitation of an offer to buy.
Mutual Funds involve risk including possible loss of principal. There is no assurance that the Funds will achieve their investment objectives. Exposure to the commodities markets may subject the Funds to greater volatility than investments in traditional securities.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Funds. These and other important information about the Funds are contained in the applicable Prospectuses, which can be obtained by calling 1-888-643-3431. The Prospectuses should be read carefully before investing.
Equinox Alternative Strategy Platform, MutualHedge Frontier Legends Fund and Equinox Commodity Strategy Fund are distributed by Northern Lights Distributors, LLC, Member FINRA. Equinox Fund Management, LLC and Equinox Group Distributors, LLC, are not affiliated with Northern Lights Distributors, LLC.
(1) "Daily equity" referenced above is a daily calculation of the equity available in an account for trading purposes. "Trading notional value" refers to the allocation amount communicated by the commodity pool operator which includes equity and a leveraged factor which could potentially increase the rate of return from investment.
0799-NLD-6/6/2012 TFF211
Media Contact: Debra Draudt Equinox Fund Management, LLC, 609-430-0404 x106, [email protected]
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SOURCE Equinox Fund Management, LLC
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