Thu, Sep 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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali