Monday, 29 August 2016
Last updated 14 min ago
Jul 14 2010 | 11:51am ET
Rydex SGI has launched a quartet of hedge fund-like mutual funds, adding to its lineup of mutual funds following alternative investment strategies.
The new funds offer retail investors access to event-driven and distressed, long/short interest rate, long/short equity and alternative strategies.
“Investors are increasingly demanding accessible alternative investment exposures to help them diversify their investment portfolios and provide improved risk/return characteristics," Richard Goldman, CEO of Rydex SGI, said. "Today's launch continues Rydex SGI's tradition of bringing institutional-style investments such as managed futures and long/short commodities mainstream.”
The new launches add to the eight existing mutual funds and nine exchange-traded funds focused on alternative strategies already offered by Rydex SGI.