Taylor Alternative Mutual Funds (Taylor ALTS) has launched the Taylor Xplor Managed Futures Strategy Fund, the first mutual fund of the Taylor ALTS family of funds.
The Taylor Xplor Fund is a managed futures strategy that was previously only available to qualified investors and is now accessible to all investors and their financial advisors in an SEC-registered, open-end mutual fund with daily liquidity.
The fund invests both long and short in a variety of asset classes, including commodities, currencies, equity indices and global interest rates, and is intended to complement traditional equity and fixed income investments by offering diversification, low correlation to markets, reduced portfolio risk during market crises, and the potential for strong returns.
"We created the Taylor Xplor Fund to meet the changing allocation needs of financial advisors and their clients resulting from the 2008 financial crisis, which has led to artificially low interest rates and global economic instability," says Kevin F. McDonald, chief executive officer of Taylor Investment Advisors, the mutual fund adviser to the Taylor Xplor Fund. "We believe all investors deserve to have access to sophisticated investment expertise and the potential for superior risk-adjusted returns. Our primary goal is to provide the investment solutions that financial advisors need most to overcome the investment obstacles they face today, as well as those we see coming up ahead."
The Taylor Xplor Fund was created through a coalition of three investment firms. Taylor Investment Advisors, a boutique alternative investment firm, is the mutual fund adviser to the Taylor Xplor Fund. BlackRock is the fixed income sub-adviser and will oversee management of the cash portion of the strategy. Xplor Capital, a registered CTA/CPO, is the trading manager for the fund.