PRINCETON, N.J., Feb. 18, 2014 (GLOBE NEWSWIRE) -- Equinox Funds, a leading provider of alternative investments, is pleased to announce the launch of the Equinox BH-DG Strategy Fund (the "Fund") (Nasdaq:EBHIX), the first mutual fund to access a strategy managed by BH-DG Systematic Trading LLP ("BH-DG"). The Fund seeks to achieve long-term capital appreciation through exposure to the BH-DG Systematic Trading Program, a medium-term trend-following program that trades a diverse range of more than 100 liquid exchange traded futures and foreign exchange forward markets.
"Through the Equinox BH-DG Strategy Fund, we are now able to provide mutual fund investors with access to the trading expertise of BH-DG, a joint venture between David Gorton and Brevan Howard, one of the world's largest and, we believe, most successful global macro absolute return managers," commented Robert J. Enck, President and CEO of Equinox Funds.
Equinox Funds has been an innovator in alternative investment product development and distribution since its founding in 2003. In December 2009, Equinox launched the Equinox MutualHedge Futures Strategy Fund ("MutualHedge") (Nasdaq:MHFAX), the first actively managed mutual fund with exposure to multiple futures strategies. Equinox also sponsors Equinox Frontier Funds, a public managed futures family of funds with daily liquidity, Equinox EquityHedge US Strategy Fund and the Equinox Alternative Strategy Platform of the following single futures strategies in a mutual fund format: Equinox Campbell Strategy Fund, Equinox Chesapeake Strategy Fund, Equinox Crabel Strategy Fund and Equinox BH-DG Strategy Fund.
BH-DG is a joint venture between Brevan Howard and David Gorton, established to pursue systematic trading strategies. BH-DG Systematic Trading LLP is a limited liability partnership, incorporated in England and Wales in June 2010. It is registered under the CE Act as a CTA and has been an NFA member since April 2012. BH-DG is also authorized and regulated by the Financial Conduct Authority in the UK and registered under the SEC as an exempt reporting advisor.
Brevan Howard, formed in 2002, is one of the world's largest hedge fund managers, specializing in global macro absolute return strategies. Brevan Howard has approximately $40 billion of assets under management for more than 650 institutional investors in over 35 countries. As of January 1, 2014, it has 460 employees, of which more than 160 are investment professionals.
Alternative investments are not suitable for all investors. There is no guarantee that the investment objectives of the Equinox sponsored funds will be achieved or maintained.
The successful use of forward and futures contracts draws upon BH-DG's skill and experience with respect to such instruments and is subject to special risk considerations. Futures and forward contracts have a high degree of price variability and are subject to occasional rapid and substantial changes. The possible lack of a liquid secondary market for a forward or futures contract and the resulting inability to close a forward or futures contract when desired.
The use of futures contracts, forward contracts and derivative instruments will have the economic effect of financial leverage. Financial leverage magnifies exposure to the swings in prices of an asset class underlying an investment and results in increased volatility.
International trading activities are subject to foreign exchange risk. As a general rule, there is less legal and regulatory protection for investors in foreign markets than that available domestically. Additionally, trading on foreign exchanges is subject to the risks presented by exchange controls, expropriation, increased tax burdens and exposure to local economic declines and political instability.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Funds. These and other important information about the Funds are contained in the applicable Prospectus, which can be obtained by calling 1-888-643-3431. The Prospectus should be read carefully before investing.
A Trend-Following Strategy seeks to capitalize on momentum or price trends across global asset classes by taking either long or short positions as a trend is underway. Price trends are created when investors are slow to act on new information or sell prematurely and hold on to losing investments to long. Price trends continue when investors continue to buy an investment that is going up in price or sell an investment that is going down in price.
Securities offered through Equinox Group Distributors, LLC, Member FINRA. 47 Hulfish Street, Suite 510, Princeton, NJ 08542 1-877-837-0600
Equinox BH-DG Strategy Fund is distributed by Northern Lights Distributors, LLC, Member FINRA.
Equinox Financial Group, LLC, Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Financial Solutions, LLC and Equinox Institutional Asset Management, LP, are not affiliated with Northern Lights Distributors, LLC
EASP721 / 0472-NLD-02/03/2014