Fund Recognized for Consistently Strong Risk-Adjusted Performance
DENVER, Feb. 28, 2018—361 Capital today announced that its 361 Global Managed Futures Strategy Fund (AGFZX) has won a Thomson Reuters Lipper Fund Award 2018 for delivering historically strong risk-adjusted returns over a three-year time period in the Alternative Managed Futures Funds category.
Cliff Stanton, CFA, co-chief investment officer for 361 Capital said: “We are honored that Lipper recognizes the strong performance of the 361 Global Managed Futures Strategy Fund. This award supports our distinctive approach to managed futures and reaffirms that we are providing our clients with a positive investment experience.”
The fund, which has an Overall Morningstar Rating™ of 5 stars (based on risk-adjusted returns among 97 funds in the Managed Futures category) as of Jan. 31, 2018, seeks portfolio diversification with low correlation to global markets using a unique counter-trend approach that attempts to profit from short-term price extremes.*
The Thomson Reuters Lipper Fund Awards are granted to funds and fund management firms in 20 countries worldwide for their consistently strong risk-adjusted three-, five-, and 10-year performance relative to their peers, based on Lipper’s proprietary performance-based methodology.
The awards were announced last night in New York at the Mandarin Oriental Hotel.
In addition to Stanton, the fund is managed by Jeremy Frank, FRM; Blaine Rollins, CFA; Aditya Bhave and Jason Leupold, CAIA.
About 361 Capital
361 Capital is a leading boutique asset manager focused on delivering distinctive investment solutions to institutions, advisors and their clients. Founded in 2001, the firm offers alternative and traditional long-only equity strategies at the cutting edge of evolving markets—uniquely designed to meet investor goals of growth, risk management and diversification.
361 Capital is majority employee-owned with strategic investments from Lovell Minnick Partners, a private equity firm and Lighthouse Investment Partners.
For more information, call 866-361-1720 or visit 361capital.com.
About the Thomson Reuters Lipper Fund Awards
For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.
You should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. For a prospectus, or summary prospectus, that contains this and other information about the Funds, call 1-888-736-1227. Please read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal. Futures prices can be very volatile. The small margin required for futures contracts magnifies the effect of market volatility and allows the loss from a contract potentially to exceed the Fund’s initial investment. With short contracts, the loss is theoretically unlimited since the appreciation of the underlying asset also is theoretically unlimited. Foreign investment entails additional risk from adverse changes in currency exchange rates, tax regulation, and potential market instability. Frequent trading by the Fund may reduce returns and increase the number of taxable transactions. Concentration of its portfolio in relatively few issuers may make the Fund more volatile than a diversified fund.
The 361 Global Managed Futures Strategy Fund, Class I shares, received a Thomson Reuters Lipper Fund Award for the three-year time period among 82 funds in the Alternative Managed Futures Funds category. Lipper Awards are granted annually to the funds in each Lipper classification that achieve the highest score for Consistent Return, a measure of funds’ historical risk-adjusted returns, measured in local currency, relative to peers. Winners are selected using the Lipper Leader rating for Consistent Return for funds with at least 36 months of performance history as of 11/30/17. Awards are presented for the highest Lipper Leader for Consistent Return within each eligible classification over 3, 5 or 10 years. Other share classes may have different performance and expense characteristics. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Lipper awards are not intended to predict future results. Past performance does not guarantee future results.
About the Morningstar Rating
*The 361 Global Managed Futures Strategy Fund’s Overall Morningstar Rating™ is derived from a weighted average of the fund’s three-, five- and 10-year risk-adjusted returns as of 1/31/2018. For the 3-year period, the Fund was rated 5 stars out of 97 funds in the Morningstar Managed Futures Category as of 1/31/2018. Past performance is no guarantee of future results. Ratings reflect fee waivers in effect; in their absence, ratings may have been lower. The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
© 2018 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
The 361 Funds are distributed by IMST Distributors, LLC.
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