WEST PALM BEACH, FL (www.hedgeco.net) – Geronimo Partners Asset Management LLC said it has plans to launch three hedge funds as part of the Unified Series Trust group of funds. In a filing with theU.S. Securities and Exchange Commission, the asset manager said the three funds, the Geronimo Enhanced Hedge Fund Index Fund, the Geronimo Sector Opportunity Fund and the Geronimo Option &Dividend Income Fund will strive to achieve investment returns in excess of the three-month Treasury bill across full market cycles and most market conditions.
The funds will be actively investing in a broad range of investment instruments according to the firm, as part of the investable HFRX Equal Weighted Strategies Index published by Hedge Fund Research Inc. The index is comprised of 72 separate accounts managed by different hedge fund managers, with total management assets exceeding $800 million.
The Geronimo Sector Opportunity Fund aims at achieving absolute returns by investing in most attractive sectors globally, using different investment styles and strategies. The new fund plans to focus investment activities in exchange traded funds, which provides access to all the different styles and classes of assets in which the fund may invest.
The Geronimo Option & Dividend Income Fund aims at achieving absolute returns through investing in diversified dividend payment securities in both the U.S. and foreign firms. Geronimo Chief Investment Officer David Prokupek, Portfolio Manager Marshall P. Gause and Research Analyst Eli K. Johnson will be the portfolio managers according to released information.
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
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