AlphaCentric Launches AlphaCentric Global Innovations Fund (GNXIX)
Huntington, NY, September 6, 2017 – AlphaCentric, the mutual fund company that strives to be the alpha-driven future of investing, today announced the launch of its newest fund, the AlphaCentric Global Innovations Fund (GNXIX). The Fund is the only actively managed mutual fund dedicated to automation and robotics.
The AlphaCentric Global Innovations Fund invests in companies worldwide focused on innovation technologies, with robotics and automation comprising at least 75% of its portfolio. The equity-based strategy is fundamentally based on the belief that growth in robotics for workplace automation has reached a tipping point towards wide‐scale adoption, and global spending on robotics is rapidly expanding. It is sub-advised by Pacific View Asset Management.
Within the robotics and automation space, GNXIX concentrates more than 25% of its investments in the machinery and electrical equipment industries. Additional invested industries include information technology, health care and telecommunication services. At least 40% of GNXIX’s assets are invested in companies located outside of the United States, such as Japan, Germany and Israel.
“Since inception, AlphaCentric has focused on bringing alpha-driven investment strategies to all investors,” said Jerry Szilagyi, CEO of AlphaCentric. “The AlphaCentric Global Innovations Fund relies on a proven investment strategy previously offered only as a separately managed account. Its core focus – investing in robotics and automation – makes this the only mutual fund of its kind, and positioned to capitalize on the increasing automation infiltrating every industry. We believe in both the continued positive trajectory of this sector of technology, and the due-diligence of the GNXIX investment team to identify promising innovative technologies.”
“We are excited about our partnership with AlphaCentric for this Global Innovations strategy,” said Brian Gahsman, the Fund’s portfolio manager, who conceived the strategy in 2014. “The revolution in automation being led by robotics is a compelling long-term investment opportunity, and the partnership with AlphaCentric gives investors a unique opportunity to access it.” GNXIX is currently open for investments. For more information on the Fund and AlphaCentric, please visit: http://alphacentricfunds.com.
About AlphaCentric Funds
AlphaCentric Funds offers mutual funds that strive to be the alpha-driven future of investing, with investment strategies that reduce risk and provide diversification. Founded in 2014, the firm currently offers five hedge- fund-like strategies in a mutual fund format, providing investors transparency and daily liquidity with lower fees and minimums than many hedge funds. AlphaCentric’s investment management team holds a long-term track record with institutional assets and separately managed accounts, offering top-down thought leadership that represents forward-thinking investing. To learn more about the AlphaCentric team and its family of funds, please visit: http://alphacentricfunds.com.
About Pacific View
Founded in 2012, Pacific View is a multi-manager, multi-strategy asset management organization seeking to provide best-in- class investment solutions to both private and institutional investors. Pacific View’s culture is highly entrepreneurial. Our investment teams are led by talented and experienced investment professionals operating autonomously to offer clients their unique perspectives and services. Pacific View Asset Management, LLC is an investment adviser registered with the Securities and Exchange Commission. Additional information about Pacific View is available at www.pacviewam.com or www.adviserinfo.sec.gov.
Investors should carefully consider the investment objectives, risks, charges and expenses of the AlphaCentric Funds. This and other important information about the Fund 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 and Pacific View Asset Management are not affiliated with Northern Lights Distributors, LLC.
Risk Considerations for GNXIX
Investing in the Fund carries certain risks. The Fund may invest a percentage of its assets in derivatives, such as futures and options contracts. The use of such derivatives and the resulting high portfolio turnover 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. To the extent the Fund invests in the stocks of smaller-sized companies, the Fund may be subject to additional risks, including the risk that earnings and prospects of these companies are more volatile than larger companies. Smaller-sized companies may experience higher failure rates than larger companies and normally have lower trading volume than larger companies. These factors may affect the value of your investment. 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. 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. Investments in international markets present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxations and differences in auditing and other financial standards. Risks of foreign investing are generally intensified for investment in emerging markets. Emerging market securities tend to be more volatile and less liquid than securities traded in developed countries. 4773-NLD- 9/5/2017