PRINCETON, N.J., June 24, 2014 (GLOBE NEWSWIRE) -- Equinox Funds, a leading provider of alternative investments, gains exposure to a program run by BlueCrest Capital Management, LLP ("BlueCrest"), one of the largest hedge fund managers in the world, with the launch of the Equinox BlueCrest Systematic Macro Fund (the "Fund", ticker: EBCIX).
A mutual fund offered through Equinox Funds, the Equinox BlueCrest Systematic Macro Fund provides access to a trading strategy developed by BlueCrest. Seeking to provide returns that have relatively low correlations with traditional asset classes, the strategy trades more than 150 markets around the globe, including commodities, currencies, fixed income and equities indices.
The Fund accesses a BlueCrest program that employs core macro trading signals across global asset classes, enhanced with innovative strategies that seek to target specific market opportunities. "We are seeking to provide investors with different sources of return than traditional investments and other trend-following strategies. Ultimately, when added to an overall portfolio, we believe the Fund may offer significant contributions in terms of helping to potentially reduce risk and enhance returns over time," commented Robert J. Enck, President and CEO of Equinox Funds.
Equinox Funds has been an innovator in alternative investment product development and distribution since its founding in 2003. In December 2009, Equinox launched the Equinox MutualHedge Futures Strategy Fund, the first actively managed mutual fund with exposure to Commodity Trading Advisor programs. Equinox also sponsors the Equinox EquityHedge US Strategy Fund, the Equinox Alternative Strategy Platform, a menu of single commodity trading advisor programs offered in a mutual fund format, and Equinox Frontier Funds, a public managed futures family of funds with daily liquidity.
BlueCrest Capital Management, LLP was founded in 2000 by Michael Platt. Leda Braga, President and Head of Systematic Trading, joined in 2001. The firm currently manages approximately $30 billion for an underlying client base that includes institutional investors from North America, the UK, Europe, Japan, Australia, Asia and the Middle East. Fully owned by Principals of the firm, BlueCrest's global presence includes over 620 members of staff located in Guernsey, London, Geneva, New York, Singapore, Connecticut, Toronto and São Paulo, and members of the BlueCrest group are regulated by the SEC, CFTC, NFA, FCA, GFSC, OSC and CVM.
Alternative investments are not suitable for all investors. There is no guarantee that the investment objectives of the Equinox sponsored funds will be achieved or maintained.
The successful use of forward and futures contracts draws upon BlueCrest Capital's skill and experience with respect to such instruments and is subject to special risk considerations. Futures and forward contracts have a high degree of price variability and are subject to occasional rapid and substantial changes. The possible lack of a liquid secondary market for a forward or futures contract and the resulting inability to close a forward or futures contract when desired.
The use of futures contracts, forward contracts and derivative instruments will have the economic effect of financial leverage. Financial leverage magnifies exposure to the swings in prices of an asset class underlying an investment and results in increased volatility.
International trading activities are subject to foreign exchange risk. As a general rule, there is less legal and regulatory protection for investors in foreign markets than that available domestically. Additionally, trading on foreign exchanges is subject to the risks presented by exchange controls, expropriation, increased tax burdens and exposure to local economic declines and political instability.
BlueCrest is not a sponsor or promoter of the Fund. BlueCrest is not responsible for the formation or the operation of, and does not act as an advisor, to the Fund. BlueCrest has not had any involvement in the preparation of this press release and is not responsible for the contents hereof. Prospective investors will not be investing their funds with BlueCrest and will not have voting rights or a direct interest in any BlueCrest fund. Additionally, while the Fund may gain exposure to the BlueCrest Program, the Fund will not have a direct interest in any BlueCrest fund.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Funds. These and other important information about the Funds are contained in the applicable Prospectus, which can be obtained by calling 1-888-643-3431. The Prospectus should be read carefully before investing.
Securities offered through Equinox Group Distributors, LLC, Member FINRA. 47 Hulfish Street, Suite 510, Princeton, NJ 08542 1-877-837-0600
Equinox BlueCrest Systematic Macro Fund is distributed by Northern Lights Distributors, LLC, Member FINRA.
Equinox Financial Group, LLC, Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Financial Solutions, LLC, Equinox Institutional Asset Management, LP, and BlueCrest Capital Management, LLP are not affiliated with Northern Lights Distributors, LLC
Definition
A Trend-following strategy seeks to capitalize on momentum or price trends across global asset classes by taking either long or short positions as a trend is underway. Price trends are created when investors are slow to act on new information or sell prematurely and hold on to losing investments too long. Price trends continue when investors continue to buy an investment that is going up in price or sell an investment that is going down in price.
EASP812
5108-NLD-06/18/2014