With its first ’40 Act product, the Samson STRONG Nations Currency Fund
nearing the six-month mark, Samson Capital Advisors
is accelerating its efforts to promote the fund, as well as search for new opportunities in mutual fund country.
“Launching our first mutual fund may allow us to consider other funds now that we’ve put our flag in the ground,” Scott Einhorn
, Samson’s director of marketing as well as member of the firm’s board of directors and management and investment committees, told MFWire
The fund, launched on August 31, 2012, follows a “fundamental value oriented approach to selecting nations and currencies,” according to Einhorn.
It seeks to generate positive returns with limited drawdowns over full market cycles through investments in currencies, securities, and instruments that are associated with strong nations.
“We believe this approach is a consistent with how investors view the world today,” he said. “We are looking at nations that, in our view, have healthy economies and financial systems, more democratic governance, rule of law, transparency and with societies that are becoming more free.”
For example, Einhorn said, some countries that could be considered strong may reside in “bad neighborhoods”. For example, Germany could be considered a strong country, but Germany’s currency is the Euro and there is concern about European Union as a whole.
Einhorn add that “for distribution purposes, we are focused on gaining approval on platforms.”
“The fund is currently available on Schwab and Pershing and we have selling agreements with a number of brokerage firms. We are working to expand this,” he said. “People may also invest directly in the fund.”
Founded in 2004, Samson’s investment strategies focus on tax efficiency, real wealth preservation, and the development of non-correlated strategies built on its domestic and multicurrency expertise. It now has roughly $7.3 billion in AUM.
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