Alternatives

Alpha Arbitrage

This long/short strategy seeks to exploit return differentials from systematic alpha sources, including volatility, value, quality, and momentum. The strategy seeks to achieve a high Sharpe ratio over the long term. It focuses on total, or absolute, risk rather than risk relative to the market.*

Market Exposure	Beta range of 0 to 0.3
Benchmark	90-Day Treasury Bill
Inception	January 2011

Alpha Arbitrage Equitized

This long/short strategy seeks to exploit return differentials from systematic alpha sources, including volatility, value, quality, and momentum. The strategy seeks to achieve a high information ratio by using a futures overlay to target a beta between 0.95 to 1.*

Market Exposure	Beta range of 0.95 to 1
Benchmark	S&P 500® Index
Inception	December 2016

*Investment results are not guaranteed, and there is no guarantee that a strategy’s objective will be met. Investing in securities involves risk of loss of both income and principal that investors should be prepared to bear. Long/short investing can be riskier than long-only investing, since both the long and short sides can simultaneously lose value.