Gemini said through the trust, it is partnering with advisors to develop pooled investment solutions, focusing on alternative investment funds in order to help meet growing market demand. Trust will focus on improving the marketing, distribution, and implementation of alternative funds.
According to the Gemini, NLFT II, like the first Northern Lights Fund Trust, is a shared mutual fund trust of independent funds and will be managed by separate advisors.
Gemini president Andrew Rogers said Gemini enables small- and mid-sized funds to compete in an increasingly costly and regulated environment. Besides helping them to formulate their fund’s marketing and distribution plans, the company introduces them to broker/dealers that fit their fund.
