Wed, Oct 14, 2015
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


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. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  2. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  3. Other Voices: Why fund boards must develop a response to cyber security and financial crime threats[more]

    This article was written by Carne, an international specialist in the provision of independent governance services and European management company solutions to the global asset management industry. A recent SEC action has highlighted how concerned regulators have become about data intru

  4. Hedge funds relatively resilient in Q3[more]

    Komfie Manalo, Opalesque Asia: Hedge funds fell in the third quarter as market conditions remain challenging, but still outperformed the S&P 500. The Lyxor Hedge Fund index was down 3.6% during Q3 while the S&P 500 fell 8.2%. According to Lyxor, "hedge funds were quite resilient in Q3. Falling en

  5. Hedge funds start Q4 on strong footing reversing the previous market downturn[more]

    Komfie Manalo, Opalesque Asia: Hedge funds started the fourth quarter on a strong footing, reversing the previous market downturn with the Lyxor Hedge Fund Index up 1.1% as of end Oct. 6 (-0.7% YTD). Event-driven outperformed, up 2.2% (-4.2% YTD), and CTAs underperformed (- 1.9%), extrapolatin