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Laxman Pai, Opalesque Asia: Dynamic Funds has launched two alternative funds, Dynamic Alpha Performance II Fund and Dynamic Premium Yield PLUS Fund, which are based on the Canadian Securities Administrators' (CSA) "alternative funds" proposal.
A press release from the Dynamic Funds, a division of 1832 Asset Management owned by Scotiabank, said that liquid alternative funds allow more investors to access innovative investment strategies that offer the potential for enhanced diversification, decreased volatility and improved risk-adjusted returns.
The release quoted Glen Gowland, President & CEO, Dynamic Funds as saying: "Dynamic Funds has a long history of managing alternative solutions that advisors can use to build better investment portfolios for their clients. With the use of alternatives, we want to help advisors evolve their approach to portfolio construction for a market environment that continues to change."
Dynamic Alpha Performance II Fund seeks to protect capital during a wide range of economic and market environments while earning superior risk-adjusted equity or equity-related returns that are not correlated to major stock market indices.
The Fund identifies investment opportunities on both the long and short side of the portfolio to seek positive returns - regardless of the overall direction of the market. The Fund is managed by Noah Blackstein, who has been running a similar mandate to Dynamic Alpha Performance II Fu...................... To view our full article Click here
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