AlphaCentric Funds marks the 10-year anniversary of the AlphaCentric Premium Opportunity Fund1 (HMXIX). Incepted on September 1, 2011 as Theta Funds, L.P., HMXIX was adopted by AlphaCentric in September of 2016.
The AlphaCentric Premium Opportunity Fund has generated a performance track record that has earned multiple awards; the most recent being the Investors Choice Award 2021 for Americas Top Performers in the Best Fund under $100m – Relative Value category.2
Managed by Russ Kellites since inception, the Fund’s objective is to achieve long-term capital appreciation. The Fund offers equity market participation coupled with downside risk management and volatility defense. AlphaCentric feels the Fund can offer a more consistent positive monthly return than stocks and bonds with a low correlation to equity and fixed income markets. Mr. Kellites views volatility as an asset class — one that has delivered relatively steady performance when paired with a beta component —and leverages artificial intelligence-driven investment models to drive returns.
Russ Kellites, AlphaCentric Premium Opportunity Fund Portfolio Manager said:
“I’m proud to have been able to bring the institutional caliber strategies employed by my hedge fund to everyday investors through the mutual fund in partnership with AlphaCentric Funds. Over the last 10 years our proprietary multifactor model, which indicates future market and volatility direction, has successfully helped us navigate a variety of different market cycles. For today’s investors worried about the market going higher without them and the ever-present downside risks, I believe this product meets both those needs.”
Jerry Szilagyi, CEO of AlphaCentric Funds, said:
“We have been excited to see the AlphaCentric Premium Opportunity Fund win numerous industry awards, validating the approach of Mr. Kellites.”
For more information on AlphaCentric and HMXIX, please visit: http://alphacentricfunds.com/.
Focusing on niche investment strategies often overlooked by larger mutual fund companies, AlphaCentric offers mutual funds designed to help solve the pressing needs of investors and their financial advisors since 2014. Advisors and investors use AlphaCentric funds to access independently owned, institutional quality, investment managers. The firm researches, designs, and creates bespoke mutual fund portfolios often never before offered to retail investors. AlphaCentric invests in innovation to help financial advisors and their clients navigate ever-changing global financial markets.
Investors should carefully consider the investment objectives, risks, charges and expenses of the AlphaCentric Funds. This and other important information about the Funds is contained in the prospectus, which can be obtained by calling 844-ACFUNDS (844-223-8637) or at www.AlphaCentricFunds.com. The prospectus should be read carefully before investing. The AlphaCentric Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. AlphaCentric Advisors LLC is not affiliated with Northern Lights Distributors, LLC.
Important Risk Information
Investing in the Fund carries certain risks. The Fund will invest a percentage of its assets in derivatives, such as futures and options contracts. The use of such derivatives and the resulting high portfolio turn-over may expose the Fund to additional risks that it would not be subject to if it invested directly in the securities and commodities underlying those derivatives. The Fund may experience losses that exceed those experienced by funds that do not use futures contracts and options strategies. Investing in commodities markets may subject the Fund to greater volatility than investments in traditional securities. Currency trading risks include market risk, credit risk and country risk. Foreign investing involves risks not typically associated with U.S. investments. Changes in interest rates and the liquidity of certain investments could affect the Fund’s overall performance. The Fund is non-diversified and as a result, changes in the value of a single security may have significant effect on the Fund’s value. Other risks include U.S. Government securities risks and investments in fixed income securities. Typically, a rise in interest rates causes a decline in the value of fixed income securities or derivatives owned by the Fund. Furthermore, the use of leveraging can magnify the potential for gain or loss and amplify the effects of market volatility on the Fund’s share price. The Fund is subject to regulatory change and tax risks; changes to current rules could increase costs associated with an investment in the Fund. These factors may affect the value of your investment.
- I Shares were incepted on 9/1/2011 and have a ten-year track record. A & C Share Classes were incepted on 9/30/2016 and do not yet have a ten-year track. Effective December 31, 2016 AlphaCentric Advisors became the investment advisor to the Premium Opportunity Fund.
- All funds reporting to Allocator.com are considered for the awards. The Top Performer Awards are granted to the select few funds which have outperformed their wider peer group in each category. The 2021 Top Performer award winners have been determined based on absolute returns from 1st January 2020 to 31st December 2020.