Equinox Funds Celebrates 10 Year Anniversary and Category Topping Performance of MutualHedge (MHFAX)
PRINCETON, N.J., January 22, 2020 (Newswire.com) - Equinox Funds (“Equinox”) is proud to announce that the Equinox MutualHedge Futures Strategy Fund (“MutualHedge”) celebrated its 10th anniversary on Dec. 31, 2019.
“10 years ago, we brought innovation to the liquid alternatives world as we launched the first mutual fund that offered investors a diversified portfolio of leading futures trading programs,” said Bob Enck, Equinox CEO. “We are pleased that MutualHedge (before load) has consistently outperformed its category and the Barcaly BTOP 50 Index for the trailing 1, 2, 3, 5- and 10-year periods ending Dec. 31, 2019. Furthermore, the positive performance of MutualHedge had effectively zero correlation to US Equities (0.03 based on monthly data).”
“We believe the length and strength of our track record validates our focus on building a broadly diversified portfolio using risk-based allocations, and managing to a target volatility,” said Dr. Ajay Dravid, CIO of Equinox. “It is also our view that diversifying strategies such as ours could be a significant and strategic allocation in investor portfolios, rather than looking to time markets tactically or to chase performance.”
Trailing Performance (as of 12/31/19)* | 1 yr | 2 yrs | 3 yrs | 5 yrs | 10 yrs |
---|---|---|---|---|---|
MHFAX | 9.03 | 4.16 | 1.23 | 2.14 | 1.96 |
MHFAX (MAX LOAD) | 2.76 | 1.13 | -0.77 | 0.94 | 1.35 |
BTOP50 | 6.73 | 0.91 | 0.33 | -0.89 | 0.79 |
MORNINGSTAR US MANAGED FUTURES CATEGORY | 3.89 | -1.19 | -0.03 | -1.01 | -0.69 |
+/- BTOP50 | 2.30 | 3.25 | 0.90 | 3.03 | 1.17 |
+/- US MF CATEGORY | 5.14 | 5.35 | 1.26 | 3.15 | 2.65 |
Class A inception: 12/31/2009, Total Annual Fund Expenses: Class A: 1.95% The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. For performance data current to the most recent month end, please call toll-free 888-643-3431 or visit www.equinoxfunds.com.
Equinox Funds offers investor-friendly alternative strategies designed to potentially reduce risk and enhance the returns of an overall portfolio. Founded in 2003, Equinox Funds has progressed from a specialist in multi-strategy managed futures investing to a comprehensive alternative investment provider. Through a collaborative research-based culture, our mission is to bring the potential benefits of alternatives to institutions and individuals through a diverse lineup of investment strategies and solutions. The Fund seeks to achieve capital appreciation in both rising and falling equity markets with an annualized level of volatility that is generally lower than the historic level of volatility experience by the S&P 500 Index.
For additional inquiries, please email: [email protected]
Important Risk Information
Investments in Mutual Funds involve risk including the possible loss of principal. There is no assurance that the Fund will achieve its investment objective. Investments in managed futures are speculative, involve substantial risk and are not suitable for all investors. Investors should be aware that, in addition to normal investment risk, managed futures investments entail certain risks, including, in all or some cases:
• Managed futures often engage in leveraging and other speculative investment practices that may increase the risk of investment loss. Managed futures can be highly illiquid.
• Managed futures are not required to provide periodic pricing or valuation information to investors.
• Managed futures may involve complex tax structures and delays in distributing important tax information.
• Managed futures are not subject to the same regulatory requirements as mutual funds.
• Managed futures often charge high fees.
Investors should carefully consider the investment objective, risks, charges, and expenses of the Equinox MutualHedge Futures Strategy Fund. This and other important information is contained in the Funds Prospectus, which can be obtained by calling 1-888-643-3431. The Prospectus should be read carefully before investing.
The Fund’s investment advisor, Equinox Institutional Asset Management, LP, has contractually agreed to reduce its fees and/or absorb expenses of the fund, at least until 1/31/2020, subject to possible recoupment from the Fund in future years. Please review the Fund’s prospectus for more information regarding fees and expenses. For performance information current to the most recent month end, please visit equinoxfunds.com.
*Data Source: Morningstar™, 1/2020. For current performance information, please call toll free 888.643.3431 or visit www.equinoxfunds.com.
Investors cannot directly invest in an index and unmanaged index returns do not reflect any fees, expenses or sales charges.
BTOP50 - Barclay BTOP50 Index® – The Index seeks to replicate the overall composition of the managed futures industry with regard to trading style and overall market exposure.
S&P 500® Total Return Index – Widely regarded as the best single gauge of the US equities market, this world‐renowned Index includes 500 leading companies in leading industries of the US economy.
MorningstarTM Managed Futures Category – These funds typically take long and short positions in futures options, swaps, and foreign exchange contracts, both listed and over-the-counter, based on market trends or momentum.
The Equinox MutualHedge Futures Strategy Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Equinox Funds is not affiliated with Northern Lights Distributors, LLC.
3060-NLD-1/15/2020 |
Source: Equinox Funds
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Tags: Equinox Funds, Managed Futures, Mutual Funds