Gemini Launches Northern Lights Fund Trust III

HAUPPAUGE, N.Y., March 21, 2012 /PRNewswire/ -- Gemini Fund Services, LLC (Gemini), an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, announces the launch of its third shared mutual fund trust, Northern Lights Fund Trust III (NLFT III). The new fund trust was established in response to increased demand for assistance from small- and mid-sized funds.

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

NLFT III, like its two predecessors, is a shared mutual fund trust of independent and separately managed funds. The original Northern Lights Fund Trust has grown to include 83 funds and more than $7 billion in assets under management. Northern Lights Fund Trust II, launched in June 2011, now includes 12 funds and $243 million in assets under management.

Advisors who join NLFT III will be able to obtain economies of scale, regulatory compliance and board oversight, fund sales and operational efficiency at levels they would not be able to achieve on their own. Membership in NLFT III will also entitle advisors to assistance with their distribution and marketing plans, as well as introductions to broker/dealers.

The board of NLFT III is composed entirely of independent trustees, all of whom are well-versed in the regulatory framework with which investment companies must comply.

"The new trust's independent board of trustees will provide advisors with much-needed expertise in how to navigate the present regulatory environment," said Andrew Rogers, President of Gemini. "With small- and mid-sized funds struggling to compete in a highly regulated and expensive environment, the advice dispensed by Northern Lights Fund Trust III's independent board will be especially helpful to those who join the trust."

The trustees include James Jensen, who has served as counsel to boards of directors and managements of large and small businesses for over 40 years; Anthony Payne, a retired bank executive and Executive Director of the Iowa West Foundation; John Palancia, who has spent over 36 years working for financial services companies such as Merrill Lynch; Mark H. Taylor, Professor of Accounting at the Weatherhead School of Management at Case Western Reserve University, who has over two decades of academic experience in the auditing and accounting fields; and Jerry Vincentini, who has over 45 years of experience as a manager and leader in the school supply business.

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.

CONTACT: Dana Taormina
JCPR
973-850-7305
[email protected]

SOURCE Gemini Fund Services, LLC

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