FFCM [profile] has hired Berkshire Capital Securities, a New York based investment bank focused on M&A in the asset management and securities industries, to find FFCM a strategic partner to help with the distribution and marketing of its QuantShares line of alternative ETFs.
QuantShares currently has a family of four liquid alternative ETFs designed to provide investors with absolute returns or to hedge equity exposure. The funds are all market and sector neutral designed to provide low or negative correlation to the equity market. The absolute return funds are the
QuantShares U.S. Market Neutral Momentum Fund, QuantShares U.S. Market Neutral Value Fund and the QuantShares U.S. Market Neutral Size Fund. The hedging ETF is named the QuantShares U.S. Market Neutral Anti-Beta Fund.
Meanwhile, FFCM has filed with SEC to launch six additional funds. Two would be absolute return while the other four, long only.
Company Press Release
QuantShares Advisor FFCM Hires Berkshire Capital for Strategic Partnership
BOSTON, Jan. 10, 2013 /PRNewswire/ -- FFCM, LLC ("FFCM"), the investment advisor to the QuantShares family of alternative ETFs, announced today that it has hired Berkshire Capital Securities, LLC ("Berkshire Capital"), a New York based investment bank focused on M&A in the asset management and securities industries, to find FFCM a strategic partner to help with the distribution and marketing of its growing family of ETFs. FFCM CEO, Bill DeRoche , commented, "We have hired Berkshire Capital to help us find a strategic partner that has strong distribution and marketing capabilities that will complement our investment and product management expertise. We also are pleased to announce the raising of an additional round of financing that will allow us to continue the expansion of our family of liquid alternative ETFs. The liquid alternative market and ETF use in general are expected to be two of the highest growth areas of financial services in the coming years according to firms such as McKinsey & Company and Cerulli and we believe that we are one of the best positioned firms to take advantage of both of these trends."
QuantShares currently has a family of four liquid alternative ETFs designed to provide investors with inexpensive absolute returns or to hedge equity exposure. The funds are all market and sector neutral designed to provide low or negative correlation to the equity market. These funds include:
Absolute Return:
QuantShares U.S. Market Neutral Momentum Fund, Ticker: (MOM) ?QuantShares U.S. Market Neutral Value Fund, Ticker: (CHEP) ?QuantShares U.S. Market Neutral Size Fund, Ticker: (SIZ)
Hedging:
QuantShares U.S. Market Neutral Anti-Beta Fund, Ticker: (BTAL)
In addition, in response to investor demand, FFCM has filed a registration statement with the SEC to launch six additional funds. Two of the funds are absolute return strategies while four are long only funds that invest in the long side of our market neutral funds. These funds include:
Absolute Return:
QuantShares U.S. Dividend Income Absolute Return Fund ?QuantShares U.S. Low Beta Absolute Return Fund
Long-only Factor based:
QuantShares U.S. Low Beta Fund ?QuantShares U.S. Relative Value Fund ?QuantShares U.S. High Quality Fund ?QuantShares U.S. High Momentum Fund
"Over the past two years we have seen a significant increase in the use of liquid alternatives in investors overall asset allocation. Our unique exemptive relief allows us to create inexpensive alternative ETFs to help investors decrease volatility in their portfolios and increase their risk adjusted returns. We believe that the addition of two absolute return and four long-only factor based funds will position QuantShares as the leading provider of liquid alternative ETFs in the market and we look forward to the launching of these products in 2013," said DeRoche.
For more information on any QuantShares ETFs from FFCM, LLC please call Bill DeRoche at 617-292-9804 or visit www.quant-shares.com.
Berkshire Capital is a leading global boutique investment bank focused on M&A in the asset management and securities industries, with more completed transactions than any other investment bank in this space. For more information on Berkshire Capital please visitwww.berkcap.com.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectuses which can be obtained by visiting the Funds' website at www.quant-shares.com. Please read the prospectus carefully before you invest.
*Information contained herein is subject to completion or amendment. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to buy or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state. An indication of interest in response to this press release will involve no obligation or commitment of any kind.
Risks:
?There is no guarantee that the Funds will achieve their objective. An investment in the Funds is subject to risk including the possible loss of principal amount invested. The risks associated with each Fund are detailed in the prospectus and include tracking error risk, mid-cap risk, industry concentration risk, market neutral style risk, short sale risk and specific risks related to exchange traded funds. There is a risk that during a "bull" market, when most equity securities and long-only equity ETFs are increasing in value, the Fund's short position will likely cause the Fund to underperform the overall U.S. equity market and such ETFs. The Fund may not be suitable for all investors.
Beta is a measure of an asset's sensitivity to an underlying index.