The Campbell Systematic Macro Fund, a series of The RBB Fund, has completed the previously announced acquisition of the Equinox Campbell Strategy Fund effective 1 June, 2020.Campbell, which previously served as the sub-adviser to the portfolio, will now operate as the sole adviser to the fund going forward. The reorganisation provides benefits to existing shareholders of the acquired fund in the form of lower net and gross operating expenses.
“We’re always looking for ways to reduce cost and complexity for our shareholders,” says Will Andrews, CEO of Campbell. “By becoming advisor of the Fund and moving it to RBB, we are able to simplify the fund structure while providing better client services at a reduced cost.”
The Fund’s investment objective and strategy will remain the same; accessing Campbell’s flagship Managed Futures Portfolio, which seeks to achieve long-term capital appreciation, as well as:
• Provide a return independent from traditional investments like equities and bonds
• Enhance portfolio diversification
• Reduce overall portfolio volatility
• Minimise size and recovery from portfolio drawdowns
“Campbell has been a wonderful partner, and we are thrilled they brought their flagship fund home to RBB,” says Arnold M Reichman, Chairman of the RBB Board. “Given their long-term track record and differentiated strategy, we are excited about the funds’ future growth prospects.”