Behringer Securities is to distribute the Insignia Macro Fund, a daily-liquidity, open-end mutual fund managed by Meritage Capital.
The Fund, launched in 2013, seeks long-term risk-adjusted returns by employing global macro-managed futures investment strategies. The Fund is unique from other liquid alternative macro offerings primarily because of its allocation to discretionary focused managers.
"Historically, global macro strategies have shown higher long-term returns with lower volatility than developed equity markets – and little correlation to stocks, bonds or other investments," says Alex Smith, CEO of Meritage Capital. "We are pleased that the Fund will be distributed on Behringer Securities' platform, and we look forward to our continued partnership."
In May, Behringer Securities and Meritage Capital formally announced a strategic agreement to develop, manage and distribute a series of specialised investment funds encompassing multiple investment strategies that are intended to address the challenges presented by market volatility.
"The addition of the Fund to our distribution platform is indicative of our commitment to providing financial advisors and investors with access to nimble, entrepreneurial managers, strategies and structures to build better portfolios," says Frank Muller (pictured), CEO and President of Behringer Securities. "We believe this Fund addresses an important need for investors: to identify portfolio diversifiers needed to preserve their wealth."