Catalyst/Auctos Multi-Strategy Fund (ACXIX) Rooted in Investment Strategy of Hedge Fund Predecessor
Huntington, NY - August 20, 2015 – 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.”
Kevin Jamali, who oversaw management of the hedge fund, will continue to serve as portfolio manager. To learn more about Catalyst Funds and its various products, please visit: www.catalystmf.com.
About Catalyst Funds
Catalyst Funds currently offers 25 distinctive funds that provide various strategies with the goal of producing income- and equity-oriented returns while seeking to control risk and volatility. Catalyst offers these exclusive strategies through a team of in-house portfolio managers and boutique institutional investment management partners. The firm strives to provide innovative strategies to support financial advisors and their clients in meeting the investment challenges of an ever changing global market environment.
Mutual Funds have investment risks including loss of principal. There is no guarantee the Fund will meet its objective. Investing in the commodities markets can subject the Fund to potentially greater volatility than traditional securities. Investments in foreign securities could subject the Fund to greater risks including, currency fluctuation, economic conditions, and different governmental and accounting standards. The Fund has a limited history of operations as a mutual fund for investors to evaluate.
Please consider the Fund’s investment objectives, risks, and charges carefully before investing. This and other important information about the Catalyst Funds can be found in the Fund’s current prospectus, which may be obtained by calling your Financial Advisor or shareholder services at 866-447-4228. Please read the prospectus carefully before investing. The Catalyst Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC.