Catalyst Funds, an alternative-focused mutual fund company, has launched the Catalyst/Auctos Multi-Strategy Fund (ACXIX), which first appeared in 2007 and was originally structured as a hedge fund managed by Auctos Capital Management.
This is Catalyst’s fourth mutual fund conversion.
ACXIX’s investment strategy is focused on taking both long and short positions in futures contracts, using several strategies including relative value, trend following, pattern recognition and calendar spreads. Investment positions range across multiple sectors of financial and commodity futures contracts, and will vary in time frames. Examples of sectors in which the Fund may invest include: stock indices, currencies, interest rates, metals, energy, livestock, soft commodities (such as cocoa, coffee, cotton and sugar) and grains. ACXIX will also hold a large portion of its assets in cash, money market mutual funds and other cash equivalents, some or all of which will serve as margin or collateral for the Fund’s investments in futures contracts.
“The launch of ACXIX comes on the heels of our acquisition of Auctos Capital Management,” says Jerry Szilagyi, CEO of Catalyst Funds. “The success of ACXIX’s predecessor hedge fund was a key driver of this acquisition and we are proud to bring the strategy to the mutual fund market. This Fund is another example of Catalyst’s commitment to providing ‘intelligent alternative’ investment strategies.”
Kevin Jamali (pictured), who oversaw management of the hedge fund, will continue to serve as portfolio manager.
