MINNEAPOLIS, Dec. 15, 2016 (GLOBE NEWSWIRE) -- LoCorr Funds (LoCorr) is pleased to announce its recent sales relationship with Wells Fargo Advisors. Effective December 2016, LoCorr Funds and Wells Fargo Advisors entered into an active selling agreement that allows LoCorr to distribute its LoCorr Market Trend Fund (Ticker:LOTIX) and its LoCorr Managed Futures Strategy Fund (Ticker:LFMIX) through Wells Fargo Advisors nationwide.
“Partnering with Wells Fargo Advisors represents a great opportunity for LoCorr to expand its presence within the wirehouse channel,” said Kevin Kinzie, CEO, LoCorr Funds. “We believe this agreement is a reflection on how well the LoCorr message is being received in the marketplace and the potential benefits our strategies offer investors. We are very excited to be working with a recognized industry leader like Wells Fargo.”
LoCorr is firmly committed to providing unparalleled levels of service, education and support to its partners in the alternative investment space. The firm’s external wholesalers and internal sales team consists of highly experienced and knowledgeable professionals who work collectively with brokerage firms and advisors to recommend investment strategies that seek to help increase returns while helping to reduce overall portfolio risk.
About LoCorr Funds
LoCorr Funds was founded on the belief that non-traditional investments with low correlation to investments like stocks and bonds can reduce risk and help increase portfolio returns. LoCorr offers investment solutions that not only provide the potential for positive returns in rising or falling markets, but also help manage portfolio risk. Through its strong distribution network, we believe LoCorr is well positioned for continued growth as investors demand low-correlating investment strategies to help achieve portfolio diversification. LoCorr Funds is headquartered in Excelsior, MN. For more information, please visit www.LoCorrFunds.com, www.LoCorrFundManagement.com, or call 1.888.628.2887.
About Wells Fargo Advisors
With $1.4 trillion in client assets as of March 31, 2016, Wells Fargo Advisors provides investment advice and guidance to clients through 15,064 full-service financial advisors and 3,926 licensed bankers. This vast network of advisors, one of the nation’s largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company. www.wellsfargoadvisors.com
For more information, please contact:
Kristen Anderson, LoCorr Funds Communications, 952.767.6908
The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1.855.LCFUNDS, or visiting www.LoCorrFunds.com. Read it carefully before investing.
Mutual fund investing involves risk. Principal loss is possible. The Market Trend Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to an individual investment’s volatility than a diversified fund. The Funds invest in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Funds may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investing in commodities may subject the Funds to greater risks and volatility as commodity prices may be influenced by a variety of factors including unfavorable weather, environmental factors, and changes in government regulations. The Funds may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Funds may access derivatives via a swap agreement. A risk of a swap agreement is the risk that the counterparty to the agreement will default on its obligation to pay the Funds. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in Asset Backed, Mortgage Backed, and Collateralized Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.
Diversification does not assure a profit nor protect against loss in a declining market.
Correlation measures how much the returns of two investments move together over time.
The LoCorr Funds are distributed by Quasar Distributors, LLC.
Neither the LoCorr Managed Futures Fund or the LoCorr Market Trend Fund hold any shares in Wells Fargo. Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.
© 2016 LoCorr Funds. All rights reserved.
CAR 1216-01803