Sat, Feb 6, 2016
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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider