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Mutual funds

RiskX Investments broadens access to funds managed by Louis Navellier


RiskX Investments and American Independence Financial Services are currently offering advisors and investors access to both firms' mutual fund products as well as strategies from renowned fund manager Louis Navellier. 

Both funds would be exclusive to RiskX Investments once the previously-announced merger is completed.

"My colleagues and I have always had great admiration for Louis' process, his thorough fundamental analysis, and the results he produces," says John Pileggi of American Independence, who would serve as CEO of RiskX Investments pending the closure of the merger. "In bringing together the funds that Louis managed for our predecessor companies on a single platform, RiskX Investments would be the exclusive mutual fund provider of the risk-intelligent and actively-managed strategies that he pioneered for investors, after the merger is completed."

The Rx Fundamental Growth Fund (FMFGX) utilises Navellier's quantitative equity strategy that targets growth stocks, and is unconstrained with regard to equity selection. The fund incorporates an independent, market-based overlay that is designed to reduce equity exposure in deteriorating markets. Investors receive the benefit of an unconstrained growth strategy along with a methodology that has the potential to move completely out of equities in strong stock market downturns. When out of the stock market, FMFGX will invest in intermediate-term BBB bond (investment-grade) corporate bonds, where Navellier's firm has extensive expertise.

The American Independence International Alpha Strategies Fund (IMSSX), which is sub-advised by Navellier's firm, aims to provide investors with long-term capital appreciation. The Fund primarily invests in the equity securities of companies located outside the US, including emerging markets.

"RiskX Investments is on the cutting edge of addressing the current market environment's complex risk management challenges," says Navellier. "I look forward to continuing to work closely with John and his team to develop competitive solutions for advisors and investors."

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