New York, NY and Hartford, CT
Weiss Multi-Strategy Advisers is a NYC and Hartford, CT based market neutral multi-strategy asset manager. Founded in 1978, Weiss’ sole focus has been seeking to provide investors with attractive risk-adjusted returns differentiated by a low correlation to traditional asset classes. The firm is currently employee-owned. Firm assets are roughly $2.9B in AUM (as of 7/31/2020). The firm’s flagship strategy, the market neutral multi-strategy fund, is a portfolio made up of ~20 sector specific managers. In 2015 the firm launched a highly liquid mutual fund that includes exposure to strategies generally similar to the flagship hedge fund and long only assets inclusive of equities and bonds. The Weiss Alternative Balanced Risk Fund has recently surpassed $100M in mutual fund assets as of September 15, 2020.
The Weiss Alternative Balanced Risk Fund was created in response to challenges that many investors face: concentrated risk with one asset class dominating portfolio returns, correlated asset classes diminishing overall diversification and finding investment funds with attractive risk-adjusted returns in the current interest rate environment. Weiss addresses these challenges by allocating to risk-balanced diverse asset classes, offering dynamic exposure to their flagship market neutral multi-strategy hedge fund alongside allocations to long only assets inclusive of equities and fixed income. Weiss utilizes models to rebalance these allocations monthly to improve diversification and liquidity.
In the current low interest rate environment, there are a few strategies that offer an attractive risk-adjusted return stream to complement an existing allocation of stocks and bonds. With the combination and thoughtfulness around risk-balancing asset classes within the Weiss Alternative Balanced Risk Fund, offering investors a diversifier to current fixed income exposures. The goal is to provide lower correlation and enhanced diversification to clients.
The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The summary and statutory prospectus contains this and other important information about the investment company and may be obtained by visiting https://www.weissfunds.com/Index.aspx or calling 866-530-2690. Read the prospectus carefully before investing.
Investments in medium and small capitalization companies have historically been subject to greater investment risk than large company stocks. The prices of medium and small company stocks tend to be more volatile and less liquid than large company stocks. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management, and the risk that a position could not be closed when most advantageous. Leverage may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used. The Fund will indirectly bear the principal risks and its share of the fees and expenses of any investment company or other pooled investment vehicle, including any ETFs (Exchange Traded Funds), in which the Fund invests. The Fund may invest in foreign securities, which involve greater volatility and political, economic and currency risks and differences in accounting methods; these risks are greater for investments in emerging markets. Diversification does not assure profit or protect against loss in a declining market.
Correlation is a statistic that measures the degree to which two securities move in relation to each other.
The Weiss Alternative Balanced Risk Fund is distributed by Quasar Distributors, LLC.