Investment Strategy
The Aston/Lake Partners LASSO Alternatives Fund is a Fund-of-Funds that uses the proprietary LASSO® (Long and Short Strategic Opportunities) strategy. LASSO is intended to produce long-term total returns with lower volatility and/or reduced correlations compared with traditional equity and fixed-income strategies across the full market cycle.
Objective
The Fund seeks to provide long-term total return with reduced correlation to the conventional stock and bond markets.
Note: The use of derivative instruments, short selling, leveraging and investing in commodities, commodity-linked and non-U.S. companies involve significant risks and losses may occur. By investing in a fund-of-funds you will incur the expense and risks of the fund in addition to those of the underlying funds in the portfolio.
| Fund Overview |
| Inception Date |
4/1/2009 |
| Ticker |
ALSOX |
| Cusip |
00080Y728 |
| Load |
|
| Fund Statistics (as of
12/31/2009) |
|
|
$6,153,605.23 |
| Expense Ratio |
2.85% |
| Turnover |
98% |
| Minimum Investment |
$100,000 |
|
|
| Sector Breakdown (as of
1/31/2010) |
| Long/short Strategies |
41.09% |
| Hedged Fixed Income |
35.40% |
| Arbitrage |
14.86% |
| Market Neutral |
4.95% |
| Cash Equivalents & Other |
3.70% |