AlphaCentric Income Opportunities Fund wins 2019 Lipper Award
Huntington, NY – March 8, 2019 — AlphaCentric, the mutual fund company that strives to be the alpha-driven future of investing, today announced that its flagship Fund, the AlphaCentric Income Opportunities Fund (IOFIX) won the 2019 Thomson Reuters Lipper Award for highest consistent return value for Best Multi-Sector Income Fund among 268 funds for the three-year period ending 11/30/2018.
“AlphaCentric is pleased that Lipper has honored our firm and Fund with this award,” said Jerry Szilagyi, CEO of AlphaCentric. “We are committed to offering products that provide diversification and utilize unique investment strategies, while attempting to mitigate risk.”
AlphaCentric, which launched in 2014, currently offers five unique alpha-driven strategies in mutual fund format. The AlphaCentric Income Opportunities Fund (IOFIX) is sub-advised by Garrison Point Capital, LLC. The Fund trades under the tickers IOFAX, IOFCX, and IOFIX. The Fund’s objective is to achieve current income via investments in structured products which include non-agency residential mortgage backed securities (RMBS) and a variety of asset-backed fixed income securities (ABS). These ABS investments encompass aircraft, shipping and transportation assets, as well as other sectors.
For more information on AlphaCentric and its family of funds, 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 seek to 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 teams hold long-term track records with institutional assets and separately managed accounts; and provide 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 or call 844-ACFUNDS (844-223-8637).
The Thomson Reuters Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award. For more information, see www.lipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.
Important Risk Considerations
Investing in the Fund carries certain risks. The value of the Fund may decrease in response to the activities and financial prospects of an individual security in the Fund’s portfolio. The Fund is non-diversified and may invest a greater percentage of its assets in a particular issue and may own fewer securities than other mutual funds; the Fund is subject to concentration risk. Credit risk is the risk that the issuer of a security will not be able to make principal and interest payments when due. The use of derivatives and futures involves risks different from, or possibly greater than, the risk associated with investing directly in securities. Fixed income securities will fluctuate with changes in interest rates. Lower-quality bonds, known as “high yield” or “junk” bonds, present greater risk than bonds of higher quality. The performance of the Fund may be subject to substantial short-term changes. There are risks associated with the sale and purchase of call and put options. These factors may affect the value of your investment.
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.