The folks at a Mid-Atlantic fund firm and a Midwestern ally are rebranding a 13-year-old, commodity futures mutual fund.

Last Friday (February 6), Jerry Wagner, president and founder of Flexible Plan Investments, Ltd., revealed that the Gold Bullion Strategy Fund has switched to a new name, the Quantified Gold Futures Tracking Fund, effective last Tuesday (February 3). Rockville, Maryland-based Advisors Preferred, LLC [profile] continues to serve as the fund's investment advisor, while Bloomfield Hills, Michigan-based FPI remains as subadvisor.

Advisors Preferred's Quantified Funds team confirms that, despite the rebranding, the Quantified Gold Futures Tracking Fund will continue to use the same "investment objective, investment strategy, and portfolio management team."

The FPI and Advisors Preferred launched the gold futures fund on July 8, 2013. It has since grown to $193.74 million in AUM. The fund comes in two available flavors, both of which require a minimum initial investment of $1,000. Those share classes are:

Advisor shares (QGLCX), with an expense ratio of 210 basis points; and

Investor shares (QGLDX), with an expense ratio of 150bps.

(The fund's A shares, QGLAX, are not currently available for sale.)

Wagner himself continues to PM the rebranding fund, alongside FPI senior research analyst Daniel Poppe. Poppe became a PM on the fund in April 2024, while Wagner has PMed the fund since inception.

Wagner offers a brief explanation for the fund's name change.

"As interest in gold increases, we believe this change provides greater clarity for advisors and investors evaluating gold exposure within diversified portfolios," Wagner states.

The Quantified Gold Futures Tracking Fund is a series of Advisors Preferred Trust. The fund's other providers include:

Ceros Financial Services, Inc. (an Advisors Preferred affiliate) as distributor;

Cohen & Company, Ltd. as independent accounting firm;

Thompson Hine LLP as counsel;

U.S. Bank, N.A. as custodian; and

Ultimus Fund Solutions, LLC as administrator, dividend disbursing agent, fund accountant, shareholder servicing agent, and transfer agent.

 

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