Sunday, 24 May 2015
Last updated 1 day ago
Sep 4 2013 | 9:36am ET
Catalyst Mutual Funds has converted Ed Walczak's Harbor Assets hedge fund into the Catalyst Hedged Futures Strategy Fund.
The fund seeks to take advantage of market volatility to provide capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the U.S. equity market.
“I’m pleased to be able to offer the fund I have been managing for the last seven years to a broader investor base that may benefit from the strategy” said Walczak, founder and senior portfolio manager of the fund, in a statement.
“We are very excited to be able to bring this unique fund into the Catalyst Funds family and to have such an experienced investment professional as Ed Walczak join our team,” said Jerry Szilagyi, president of the Catalyst Funds, in a statement. “I believe there is a growing need in the marketplace for this type of investment.”
Launched in December 2005, the Harbor Assets fund has returned 20.11% (without sales charge) since inception. In 2012, it returned 11%.
Catalyst Funds currently offers 14 distinctive funds through a team of in-house portfolio managers and boutique institutional investment management partners.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…