Bringing you live news and features since 2006 

Mutual funds

Portfolio manager launches Strategic Investing Long-Short Fund


Long-time portfolio manager Hank Mulvihill, Jr. has launched the Strategic Investing Long-Short Fund, a public no-load mutual fund that provides investors with an investing programme not usually available to the public mutual fund investor.

The fund may invest in any sector worldwide, may be long or short, and may go entirely to cash during a crisis to protect the investor.

As part of its launch, the fund will host 11 road show events open to the public. At each event, Fred Richards, an investor and entrepreneur for more than 50 years, and Mulvihill will present information on their investment strategies and provide an overview of the fund.

“We are in a financial boom right now that could result in new stock market highs. As long as the spread between federal funds and the ten-year US Treasury remains large, we should have good stock markets,” says Mulvihill. “We intend to take advantage of the current environment, but knowing these conditions won’t last forever, the fund will have the ability to go short or go completely to cash at any given time. It is designed to be flexible and responsive according to fluctuations in the market.”

The fund requires a minimum investment of USD1,000, which can be made through most brokerage accounts and investment advisers or directly online.

Richards is the founder of Strategic Investing, a web-based financial analysis service which displays live money portfolios.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by