Dubbed as American Independence Risk-Managed Allocation Fund, the new fund will be marketed to financial intermediaries throughout the US.
JA Forlines, an asset manager specializing in risk-managed ETF-based global allocation investment services, has been appointed as the sub-advisor for the fund.
Being actively managed with multi-asset class portfolio, the fund invests in fixed income, equities and alternatives, including commodities, real estate and currencies, across the US, Europe, Asia, and emerging markets.
The investments strategies along with its ability to move to cash in times of extreme market pressure, enables the fund to take maximum benefits of market trends globally, claims the asset manager.
American Independence managing partner John Pileggi said, "This fund offers agile management, a broad array of asset classes and a global ETF focus for investors who are concerned about volatility and the dangers of single-asset class investing."
JAForlines chairman and chief investment officer John Forlines III commented, "We have long believed that to achieve long-term growth and minimize losses, an investment strategy must look at opportunities globally and across asset classes."
