BOSTON--(BUSINESS WIRE)--Insert after final paragraph, before footnotes of release issued November 30, 2015: Before investing, consider the fund's investment objectives, risks, charges, and expenses. Visit ngam.natixis.com or call 1-800-225-5478 for a prospectus or a summary prospectus containing this and other information. Read it carefully.
The corrected release reads:
NATIXIS GLOBAL ASSET MANAGEMENT LAUNCHES ASG DYNAMIC ALLOCATION FUND
New dynamic global asset allocation fund from AlphaSimplex Group
Natixis Global Asset Management announced today the launch of the ASG Dynamic Allocation Fund (DAAFX), a global asset allocation mutual fund managed by AlphaSimplex Group, LLC (AlphaSimplex). The fund seeks to deliver long-term capital appreciation to investors looking for a tactical global asset allocation strategy.
“Building a durable investment portfolio has become even more challenging in a volatile market environment buffeted by global economic uncertainty,” said David Giunta, president and chief executive officer, at Natixis Global Asset Management, U.S. Distribution. “To successfully diversify a portfolio of traditional stock and bond funds, investors need adaptive tools, such as the ASG Dynamic Allocation Fund, which incorporate a wide range of information available today to make investment decisions.”
The fund invests in a broad range of asset classes through the use of futures, forwards and exchange traded funds (ETFs). The strategy begins with a balanced allocation to high-risk and low-risk asset classes and adjusts those allocations according to insights AlphaSimplex derives from its quantitative analysis of market behaviors. It will invest in long positions in ETFs and derivatives (futures or forwards) in five asset classes: U.S. stocks, ex-U.S. developed market stocks, emerging markets stocks, U.S. bonds, and ex-U.S. developed market bonds. Allocation decisions will be informed by two key insights that AlphaSimplex has developed: hedge fund positioning and trend following.
The ASG Dynamic Allocation Fund seeks to quickly adapt to changes in market conditions and evolving manager insights. The fund may employ leverage through the use of futures contracts to dynamically increase exposure to asset classes, or the fund may reduce its allocation to any asset class to a minimum exposure of 0%.
“The ASG Dynamic Allocation Fund seeks to balance risk with expected return by tactically allocating to multiple asset classes across a range of global markets using a disciplined quantitative approach that draws on AlphaSimplex’s current strategies and our experience managing liquid alternatives since 2003,” said Duncan B. E. Wilkinson, CFA, chief executive officer at AlphaSimplex. “We created the fund to help investors shift exposures among global assets in a fast-paced global market environment and help them stay invested over the long term.”
The fund is co-managed by Alexander D. Healy, Ph.D., who is also director of strategic research at AlphaSimplex, Robert S. Rickard, who focuses on short-term cash equivalent asset management, and Derek M. Schug, CFA, who focuses on asset allocation. The fund’s primary benchmark is the Morningstar Global Allocation Index, with a secondary benchmark of 60% MSCI World Index and 40% Barclays U.S. Aggregate Bond Index.
About AlphaSimplex Group
AlphaSimplex Group, LLC is a
Cambridge, Massachusetts-based investment management firm that
specializes in researching and analyzing market behaviors and risk.
Using these insights, the firm develops liquid alternative strategies
and portfolio solutions that are designed to bridge the gap between
hedge funds and traditional investments. ASG’s investment philosophy is
based on the Adaptive Markets Hypothesis, a theory of market behavior
proposed by AlphaSimplex’s chairman and chief investment strategist, Dr.
Andrew W. Lo. AlphaSimplex is an affiliate of Natixis Global Asset
Management and manages over $7 billion in institutional and mutual fund
assets.
Risks
Derivatives involve risk of loss and may entail
additional risks. Because derivatives depend on the performance of an
underlying asset, they can be highly volatile and are subject to market
and credit risks. Equity securities are volatile and can decline
significantly in response to broad market and economic conditions. Leverage
can increase market exposure and magnify investment risk. Foreign
securities may involve heightened risk due to currency fluctuations.
Additionally, they may be subject to greater political, economic,
environmental, credit and information risks. Foreign securities
may be subject to higher volatility than U.S. securities, due to varying
degrees of regulation and limited liquidity. Futures and forwards
contracts can involve a high degree of risk and may result in
potentially unlimited losses. Exchange-traded funds (ETFs) trade
like stocks and are subject to market volatility, liquidity risks and
trading expenses.
About Natixis Global Asset Management
Natixis Global Asset
Management, S.A. is a multi-affiliate organization that offers a single
point of access to more than 20 specialized investment firms in the
Americas, Europe and Asia. The firm ranks among the world’s largest
asset managers.1 Through its Durable Portfolio Construction®
philosophy, the company is dedicated to providing innovative ideas on
asset allocation and risk management that can help institutions,
advisors and individuals address a range of modern market challenges.
Natixis Global Asset Management, S.A. brings together the expertise of
multiple specialized investment managers based in Europe, the Americas
and Asia to offer a wide spectrum of equity, fixed-income and
alternative investment strategies.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A.’s assets under management totaled $865.9 billion (€775.5 billion) as of September 30, 2015.2 Natixis Global Asset Management, S.A. is part of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Active Investment Advisors;3 AEW Capital Management; AEW Europe; AlphaSimplex Group; Aurora Investment Management; Axeltis; Capital Growth Management; Cube Infrastructure Managers; Darius Capital Partners; DNCA Investments;4 Dorval Finance;5 Emerise;6 Gateway Investment Advisers; H2O Asset Management;5 Harris Associates; IDFC Asset Management Company; Loomis, Sayles & Company; Managed Portfolio Advisors;3 McDonnell Investment Management; Mirova;5 Natixis Asset Management; Ossiam; Seeyond;7 Snyder Capital Management; Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Global Asset Management Private Equity, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Visit ngam.natixis.com for more information.
Before investing, consider the fund's investment objectives, risks, charges, and expenses. Visit ngam.natixis.com or call 1-800-225-5478 for a prospectus or a summary prospectus containing this and other information. Read it carefully.
1 Cerulli Quantitative Update: Global Markets 2015
ranked Natixis Global Asset Management, S.A. as the 17th largest asset
manager in the world based on assets under management ($890.0 billion)
as of December 31, 2014.
2 Net asset value
as of September 30, 2015. Assets under management (AUM) may include
assets for which non-regulatory AUM services are provided.
Non-regulatory AUM includes assets which do not fall within the U.S.
Securities and Exchange Commission’s definition of ‘regulatory AUM’ in
Form ADV, Part 1.
3 A division of NGAM
Advisors, L.P.
4 A brand of DNCA Finance.
5
A subsidiary of Natixis Asset Management.
6 A
brand of Natixis Asset Management and Natixis Asset Management Asia
Limited, based in Singapore and Paris.
7 Operated
in the U.S. through Natixis Asset Management U.S., LLC.
