361 Capital Files to Launch 361 Global Long/Short Equity Fund
Analytic Investors to serve as fund sub-advisor
DENVER, September 17, 2014 – 361 Capital, an asset management firm specializing in liquid alternative mutual funds, announced today that it has filed with the Securities and Exchange Commission (SEC) to launch the 361 Global Long/Short Equity Fund. Los Angeles-based Analytic Investors, which manages approximately $10 billion in assets, will sub-advise the Fund.
The 361 Global Long/Short Equity Fund will use the same investment strategy as the Analytic Global Long/Short Equity Portfolio, a Separately Managed Account (SMA), which was launched in December 2009.
“The launching of this Fund will provide a quality long/short mutual fund option to investors. There is clearly a shortage of attractive long/short equity mutual funds, and even more so funds that deliver global exposure,” said Tom Florence, CEO of 361 Capital. “In Analytic Investors, we have a sub-advisor with more than 40 years of experience managing both traditional and non-traditional portfolios. Importantly, they have effectively been managing this strategy for almost 5 years.”
Founded in 1970, Analytic Investors is an employee-owned, boutique asset management firm specializing in quantitative investment solutions and portfolio management. Analytic Investors strives to anticipate and capitalize on changes in the investment climate through a disciplined, active management strategy.
“We manage money for some of the world’s most sophisticated and demanding institutional investors, and look forward to bringing our investment focus to advisors and their clients,” said Harin de Silva, Ph.D., CFA, President and Portfolio Manager of Analytic Investors. “We have worked with the senior management at 361 in the past and believe they have the right approach to working with advisors, and will execute their plans for the growth of this Fund.”
The Fund will seek to achieve long-term capital appreciation. The Fund also seeks to participate in rising markets and preserve capital in down markets.
The filing of the 361 Global Long/Short Equity Fund is the first of a series of funds the Firm plans to offer that will be sub-advised by single managers. It also follows the launch of two new internally managed mutual funds, 361 Global Managed Futures Strategy Fund and 361 Global Macro Opportunity Fund, by the firm in the last five months. In addition, effective August 28, 2014, the Firm has changed the name of its 361 Long/Short Equity Fund to the 361 Market Neutral Fund. The renamed fund will maintain its investment strategy and track record, but will now be classified in Morningstar’s Market Neutral category.
About 361 Capital
361 Capital is an asset management firm specializing in liquid alternative investments. Founded in 2001, the firm is a pioneer in delivering innovative alternative investment strategies to investors in highly liquid vehicles. 361 Capital specializes in managed futures, market neutral, multi-strategy, and global macro strategies, accessible through mutual funds, limited partnerships, and separate accounts. The firm distributes its products through investment advisors and institutions. For more information, call 866-361-1720 or visit www.361capital.com.
About Analytic Investors
Analytic Investors employs a quantitative investment process in managing assets for institutional and mutual fund investors in the United States, Australia, Europe, Canada and Japan. The Los Angeles-based firm offers a variety of global and regional investment products including traditional equity, low volatility equity, long/short equity and option-based strategies. Analytic Investors specializes in the application of modern quantitative tools and is a leader in the application of risk-managed strategies. The firm believes that the use of such techniques allows it to fulfill clients’ objectives through rational, systematic identification of market opportunities. More information is available at www.aninvestor.com.
A REGISTRATION STATEMENT RELATING TO THE 361 GLOBAL LONG/SHORT EQUITY FUND HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. SHARES OF THE FUND MAY NOT BE SOLD UNTIL THE REGISTRATION STATEMENT BECOMES EFFECTIVE. THIS COMMUNICATION IS NOT AN OFFER TO SELL SHARES OF THE FUND IN ANY STATE WHERE SUCH OFFERS ARE NOT PERMITTED. Before investing, you should carefully consider the Fund’s investment objectives, risks, charges and expenses. You may obtain a preliminary prospectus with this and other information about the Fund by calling 1-888-736-1227. The preliminary prospectus is incomplete and subject to change. The final prospectus, when available, should be read carefully before investing.
Investors should consider the 361 Funds’ investment objectives, risks, charges and expenses carefully before investing. For a prospectus, or summary prospectus, that contains this and other information about the Funds, call 1-888-736-1227 or visit www.361capital.com. Please read the prospectus or summary prospectus carefully before investing.
Past performance does not guarantee future results. The Funds’ performance may be influenced by political, social and economic factors affecting investments in foreign markets, including exposure to currency fluctuations relative to the U.S. dollar, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability, and differing auditing and legal standards. Emerging markets tend to be more volatile than the markets of more mature economies. The value of securities held by the Funds may fall due to general market and economic conditions. The securities of small-cap companies may be subject to more abrupt or erratic market movements; trading may be more erratic or have lower volume than securities of larger companies. Fixed income securities are subject to the risk that securities could lose value because of interest rate, inflation and credit changes.
Derivatives can be highly volatile, illiquid and difficult to value, and changes in the value of a derivative held by the Funds may not correlate with the underlying instrument or the Funds’ other investments. The Funds may make short sales, which may expose the Funds to the risk that it will be required to “cover” the short position at a time when the underlying instrument has appreciated in value, thus resulting in a loss to the Funds. Losses may be incurred even if they are “covered”. The use of leverage may further magnify the Funds’ gains or losses.
Funds’ performance may be more vulnerable to changes in the market value of a single position and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund. The Funds may have limited or no track record on which to base investment decisions. Regulators may undertake rulemaking, supervisory or enforcement actions that would adversely affect the Funds. Active and frequent trading may lead to a greater proportion of the Funds’ gains being treated for federal income tax purposes as short-term capital gains or to distribute taxable income to its shareholders sooner than it would have distributed income if the investments were held for longer periods of time. Frequent trading and overlapping security transactions including ETFs would also result in transaction costs, which could detract from performance.
Alternative Investments are speculative and involve substantial risks. It is possible that investors may lose some or all of their investment.
The 361 Funds are distributed by IMST Distributors, LLC.