This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

RiverPark Introduces RiverPark/Gargoyle Hedged Value Fund

RiverPark Advisors LLC ( www.riverparkfunds.com), a New York-based investment advisory company, has introduced the RiverPark/Gargoyle Hedged Value Fund, it was announced today.

The new fund is a conversion of the Gargoyle Hedged Value Fund L.P., which has a 12-year performance record as a hedge fund. It is sub-advised by Gargoyle Investment Advisor L.L.C., with Gargoyle’s co-founders Alan L. Salzbank and Joshua B. Parker as co-portfolio managers. Salzbank and Parker have more than two decades of experience developing and managing options strategies, and have acted as co-portfolio managers on the Gargoyle Hedged Value Fund L.P. since its inception.

RiverPark/Gargoyle Hedged Value Fund employs two time-tested investment strategies – value-oriented stock investing and index option over-writing – in seeking to provide long-term capital appreciation with lower risk than the broad stock market.

“The RiverPark/Gargoyle Hedged Value Fund seeks to provide investors a conservative way to gain market exposure in today’s challenging investing environment,” said Josh Parker, President of Gargoyle. “By selling index call options, the Fund seeks to generate an income cushion to partially hedge its long equity positions.”

The RiverPark/Gargoyle Hedged Valued Fund will generally stay fully invested in the equity securities of medium-to-large capitalization companies, which is currently defined as those with a minimum of $1.5 billion in market value. It will partially hedge the stock portfolio by selling near-term index call options.

The RiverPark/Gargoyle Hedged Value Fund is being offered in two share classes – Retail and Institutional, with expense ratios of 1.50% and 1.25% respectively.

About RiverPark Advisors LLC

RiverPark Advisors, LLC is a New York-based investment advisory company and the sponsor of the RiverPark family of mutual funds. More information is available at www.riverparkfunds.com.

To determine if these Funds are an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and other information may be found in the Fund’s prospectus, which may be obtained by calling 1-888-564-4517 or by visiting the website at www.riverparkfunds.com . Please read the prospectus carefully before investing.

Mutual fund investing involves risk, including possible loss of principal. The Fund will expose investors to the risks inherent in trading options. These risks include, but are not limited to, volatile movements in the price of the underlying instrument and misjudgments as to the future prices of the options and/or the underlying instrument.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs