Thu, Dec 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Catalyst Funds launches four new funds, including one that follows activists’ lead

Thursday, July 31, 2014
Opalesque Industry Update - Catalyst Funds, an alternative-focused mutual fund company, has added four new mutual funds to its product line. The new funds include: Catalyst Activist Investor Fund (AIXAX), Catalyst Insider Income Fund (IIXAX), Catalyst Absolute Total Return Fund (ATRAX), and Catalyst/Groesbeck Aggressive Growth Fund (GROAX). Each of the four funds offers a distinct investment strategy, ranging from monitoring insider activity to activist investors.

“Catalyst is excited to expand its product line to include these new funds,” commented Jerry Szilagyi, CEO of Catalyst Funds. “We are focused on bringing unique products to investors that can enhance their portfolio’s risk and return profile.”

These funds will focus on a variety of strategies:

· Catalyst Activist Investor Fund (AIXAX): The Catalyst Activist Investor Fund invests primarily in stocks of companies that are experiencing significant activist investor activity, which is defined as a shareholder, or group of shareholders, of a publicly traded company that seek to influence change in management or operations by acquiring a significant stake in the company. The underlying thesis is that certain activist investors are successful at influencing change in companies that potentially increase shareholder value.

· Catalyst Insider Income Fund (IIXAX):The Catalyst Insider Income Fund invests primarily in short-term U.S. corporate bonds issued by corporations whose executives are purchasing shares of the company’s common stock. Catalyst’s research has resulted in the development of a proprietary method of analyzing insider trading activity that it believes can substantially reduce the likelihood of bankruptcy. The underlying thesis is that corporate insiders know more about the prospects of the company than anybody else and would not take a stake in the equity of their company if the company were in jeopardy of declaring bankruptcy.

· Catalyst Absolute Total Return Fund (ATRAX): The Catalyst Absolute Total Return Fund’s objective is sustainable income and capital appreciation with lower volatility than the market. The driving strategy is investments in companies that are committed to returning cash to shareholders on an ongoing basis, either through dividends, partnership distributions, or consistent share buybacks, while using various hedging strategies in an attempt to reduce risk.

· Catalyst/Groesbeck Aggressive Growth Fund (GROAX):The Catalyst/Groesbeck Aggressive Growth Fund invests in growth stocks, with a focus on U.S. companies with higher growth rates than the S&P 500 Index. Investments are based on a proprietary strategy to select faster growing companies with the potential to generate returns that are superior to the S&P 500 Index.

Press release

www.catalystmf.com

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  4. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und

  5. Performance - Lansdowne, Man Group, other hedge funds profit from shorts in oil, Turmoil boosts hedge funds that bet against Russia, oil, CTAs post strongest returns since December 2010[more]

    Lansdowne, Man Group, other hedge funds profit from shorts in oil From Valuewalk.com: The rising short interest in oil companies implies that the worst for oil is yet to come. Data from Markit shows that short exposure in energy sector of S&P 500 is still looming close to the highest mar