Balter Liquid Alternatives Launches Discretionary Global Macro Fund

Jun 3 2015 | 9:51pm ET

Balter Liquid Alternatives announced the launch of Balter Discretionary Global Macro Fund (BGMIX).

The Fund is sub-advised by Willowbridge Associates.  

The co-Portfolio Managers, Phil Yang and Frank Marrapodi, utilize Willowbridge's wPraxis Trading Approach (1X Leverage) strategy. The Fund's objective is to seek to generate positive absolute returns in most market conditions, irrespective of the performance of broad market indices. As a result, the performance of the fund may not be correlated with the performance of broad equity or fixed income markets.

The Balter Discretionary Global Macro Fund follows the Balter Liquid Alternatives' initial '40 Act offering, the Balter Long/Short Equity Fund (BEQIX). Unlike traditional hedge funds, both funds provides daily liquidity, lower investment minimums, and simplified tax reporting for shareholders, while offering quarterly full transparency of portfolio holdings and lower fees. 

"The Fund builds on our philosophy of making great managers available to a wider audience," said Brad Balter, CEO of Balter Liquid Alternatives.  "We believe that hedge fund industry dynamics have led to many managers with great records being overlooked by the broader investing public.  Our roots are those of a deep research and due diligence boutique.  The skillset and experience our team has developed allows us to bring potential value add alternative strategies to the marketplace.  We are not interested in constructing mass produced products where the goal is simply to gather assets.  The Balter Discretionary Global Macro Fund is our next step in offering compelling Alternative Mutual Funds (AMF's) which allow investors the ability to access hedge fund strategies in a format that seeks to help solves tax, transparency and liquidity issues for the investment community.  We strive to bring high quality hedge fund offerings to the mutual fund market."

Balter Liquid Alternatives is a subsidiary of Balter Capital Management, a boutique firm focused on hedge fund research and investing. The subsidiary was formed to create and manage daily liquidity alternative mutual funds. Balter Capital Management oversees approximately $1.3 Billion in hedge fund and alternative mutual fund assets.


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