Investment boutique ABR Dynamic Funds has made its Alternative Ucits debut with the launch of a volatility-focused equity fund as part of a distribution arrangement with Swiss firm OpenFunds.
The newly launched fund is a systematic approach that aims to target US equities in an absolute return, volatility-focused manner.
It will seek similar returns to the New York-based asset manager’s first index fund, which is called ABR Dynamic Blend Equity and Volatility Index.
The existing index builds on a custom index suite called ‘Powered by Wilshire’, which was developed by Wilshire Associates in 2015. It independently calculates and publishes the index values for ABR.
Under the arrangement with Zurich-based OpenFunds Investment Services, the Swiss group will be responsible for marketing and distributing the new approach in Switzerland, Europe and the Middle East.