The Flexible Fund from Thesis Fund Management is now available on two additional mutual fund platforms: TD Ameritrade and Vanguard.
These platforms further facilitate the availability of a no load alternative strategy mutual fund.
"Given the economy and recent market volatility, many investors and financial advisors are looking to effectively manage risk. The Flexible Fund offers every investor and financial advisor access to the same type of sophisticated investment strategies that hedge funds use, in a regulated, no load mutual fund format without the lock-ups, performance fees or K-1’s of traditional hedge fund investing," says Stephen Roseman, chief executive officer of Thesis Fund Management and portfolio manager of the Flexible Fund.
The Flexible Fund, which launched on 1 March 2010, is not limited to just one asset class and one investment style. It brings the world of mutual funds and hedge funds together, giving investors the multi-strategy investment approach typically found in hedge funds with the daily pricing, liquidity, and transparency of a mutual fund.