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TheStreet Open House

Altegris Macro Strategy Fund Adds Brevan Howard To Portfolio

Stocks in this article: GNW

LA JOLLA, Calif., Oct. 31, 2012 /PRNewswire/ -- Altegris Advisors (altegris.com), provider of premier alternative investments, has announced a new allocation that accesses the Brevan Howard Emerging Markets Local Fixed Income strategy in the Altegris Macro Strategy Fund (Tickers: MCRAX, MCRNX, MCRCX, MCRIX).

"This is the first time that a Brevan Howard strategy is available in a mutual fund portfolio," said Altegris' President and Chief Executive Officer Jon Sundt. "Accessing this well-respected firm's Emerging Markets Local Fixed Income strategy in the Altegris Macro Strategy Fund reinforces our mission of bringing what we believe are the best alternative investment strategies to our clients through mutual funds."   

With more than $36 billion in assets at the end of 2012's second quarter, Brevan Howard is the second largest hedge fund provider in Europe. The Brevan Howard Emerging Markets Local Fixed Income strategy is an actively managed liquid strategy that seeks exposure to fixed income returns primarily in global emerging markets in the Asia and Pacific region, Africa, Eastern Europe (including Russia) and Latin America. The strategy takes actively managed exposures to fixed income securities and currencies and predominantly invests in government bond and financial derivative instruments referencing interest rates and currencies.

The Altegris Macro Strategy Fund seeks to achieve absolute returns from income and capital appreciation regardless of the direction of the securities market by utilizing two principal strategies: global macro and fixed income. The Fund relies on investment adviser asset allocation and investment skill to allocate among global macro strategies that predominantly use fundamental macroeconomic data in a discretionary or systematic investment style with a bias toward foreign exchange. As of September 30, 2012 it held total assets of $393.6 million.

Please contact Jami Schlicher at 973-850-7309 or jschilcher@jcprinc.com, or Andrea Trachtenberg at 800-828-5225 or atrachtenberg@altegris.com, for more information.

It is important to note that mutual fund investing involves risk, including the possible loss of principal.  An investment in the Altegris Macro Strategy fund is subject to various risks including commodity risk, credit risk, derivatives risk, income risk, foreign currency risk, foreign investment risk, leverage risk, liquidity risk, market risk, non-diversification risk, regulatory risk, short position risk, taxation risk, and the higher expenses associated with underlying pools.  Past performance is no guarantee of future results.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Altegris Macro Strategy Fund. This and other important information is contained within the individual Fund's Prospectus, which can be obtained by calling (888)524-9441. The Fund Prospectus should be read carefully before investing. The Altegris Macro Strategy Fund is distributed by Northern Lights Distributors, LLC member FINRA. Altegris Advisors, J.P. Morgan Investment Management Inc., and Northern Lights Distributors are not affiliated.

About Altegris AdvisorsAltegris searches the world to find what we believe are the best alternative investments. Our suite of private funds, mutual funds and managed accounts provides an efficient solution for financial professionals and individuals seeking to improve portfolio diversification.

With one of the leading Research and Investment Groups focused solely on alternatives, Altegris follows a disciplined process for identifying, evaluating, selecting and monitoring investment talent across a spectrum of alternative strategies including managed futures, global macro, long/short equity, event-driven and others.

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