Home Breadcrumb caret Industry News Breadcrumb caret Industry Ninepoint to offer liquid alt with FX strategy The fund will be available on or about April 2 By Staff | January 27, 2020 | Last updated on January 27, 2020 1 min read © naumoid / iStockphoto Ninepoint Partners has joined the ranks of firms offering alternative mutual funds, or liquid alts. The Toronto-based firm’s first liquid alt is the Ninepoint FX Strategy Fund, the firm said in a release on Monday. The fund’s investment objective is to generate long-term total returns by investing globally in foreign-exchange futures on a long/short basis, the release said. The fund will be permitted to have exposure to more than 12 global currencies. Ninepoint FX Strategy Fund will be subadvised by P/E Global LLC, a Boston-based specialist quantitative currency manager, and will be available for purchase on or about April 2. Regulatory changes introduced in January 2019 allowed fund manufacturers to offer prospectus-qualified alternative mutual funds. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo