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Opalesque Industry Update - Catalyst Funds, an alternative-focused mutual fund company, today announced the launch of the Catalyst/Auctos Multi-Strategy Fund (ACXIX). The fund, which was started in 2007 and originally structured as a hedge fund managed by Auctos Capital Management, LLC, is Catalyst’s fourth conversion into a mutual fund product. ACXIX’s investment strategy is focused on taking both long and short positions in futures contracts, using several strategies including relative value, trend following, pattern recognition and calendar spreads. Investment positions range across multiple sectors of financial and commodity futures contracts, and will vary in time frames. Examples of sectors in which the Fund may invest include: stock indices, currencies, interest rates, metals, energy, livestock, soft commodities (such as cocoa, coffee, cotton and sugar) and grains. ACXIX will also hold a large portion of its assets in cash, money market mutual funds and other cash equivalents, some or all of which will serve as margin or collateral for the Fund’s investments in futures contracts. “The launch of ACXIX comes on the heels of our acquisition of Auctos Capital Management,” said Jerry Szilagyi, CEO of Catalyst Funds. “The success of ACXIX’s predecessor hedge fund was a key driver of this acquisition and we are proud to bring the strategy to the mutual fund market. This Fund is another example of Catalyst’s commitment to providing ‘intelligent alternative’ investment strategies.”
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Industry Updates
Catalyst Funds launches Auctos Multi-Strategy Fund
Friday, August 21, 2015
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