AlphaCentric has surpassed USD2.5 billion in assets under management (AUM). This represents a 150 per cent increase in assets in 13 months.
“AlphaCentric’s growth over the last four years is a testament to the strategies that we offer investors,” says Mark Kamies, managing member and co-founder of AlphaCentric. “We are committed to offering products that provide diversification and utilise unique investment strategies, while attempting to mitigate risk. As we continue to grow, we will remain steadfast in our focus on distinct fund offerings and strong investment management teams.”
AlphaCentric, which launched in 2014, currently offers six unique alpha-driven strategies in mutual fund format.
The AlphaCentric Income Opportunities Fund (IOFIX) seeks 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.
The AlphaCentric Asset Rotation Fund (ROTIX) invests in a portfolio of global asset class ETFs that are ranked each month, that seeks to achieve an objective of long term capital appreciation. The portfolio’s ETF holdings include those that invest in US equities of any market capitalisation, foreign (including emerging markets) equities of any market capitalisation, US Treasury securities or cash.
The AlphaCentric Bond Rotation Fund (BDRIX) seeks to achieve long-term capital appreciation and total returns by investing in a portfolio of global bond asset class ETFs, including those that invest in US corporate bonds, foreign bonds, US tax free/municipal bonds, mortgage-backed securities and US Treasury securities. ETFs are ranked each month according to a relative strength score and the Portfolio will generally include between two and four bond ETFs, depending on the results of each proprietary selection formula.
The AlphaCentric Hedged Market Opportunity Fund (HMXIX) provides an options-rooted strategy, making long and short investments in call and put options on instruments that reflect the S&P 500 and its volatility. Using an algorithm developed via artificial intelligence, the Fund employs a systematic, rules-based options strategy that includes premium collection, volatility trading and trend following. The Fund’s investment objective is long-term capital appreciation.
The AlphaCentric Global Innovations Fund (GNXIX) invests in companies worldwide focused on innovation technologies, with robotics and automation comprising at least 75 per cent of its portfolio to achieve its objective of long-term capital appreciation. 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.
The AlphaCentric Small Cap Opportunities Fund (SMZIX) has an objective of long-term capital appreciation by focusing specifically on the equities of small capitalisation companies primarily based in the US The management team uses proprietary, bottom-up research to identify companies that have under-appreciated earnings potential and exhibit reasonable valuations that are near or below historical averages.
