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Rating:AP and FPI Go Global For Fund 13 Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, December 6, 2023

AP and FPI Go Global For Fund 13

Reported by Neil Anderson, Managing Editor

The folks at a 42-year-old, $1.5-billion-AUM (as of June 30), Detroit-area SMA shop are teaming up with a familiar ally near Washington, D.C. to launch a new mutual fund.

Mary Catherine "Catherine" Ayers-Rigsby
Advisors Preferred LLC
President, CEO
Last week, Jerry Wagner, founder and president of Flexible Plan Investments, Ltd. (FPI), and Catherine Ayers-Rigsby, president of Advisors Preferred LLC (AP) [profile], unveiled the launch of the Quantified Global Fund. The new, actively managed fund is a series of Advisors Preferred Trust.

The launch of the Quantified Global Fund expands AP's lineup to 20 funds and counting. That includes 13 Quantified Funds, all powered by FPI.

The Quantified Global Fund comes in two flavors: investor shares (QGBLX), with an expense ratio of 165 basis points; and advisor shares (QGBAX), with an expense ratio of 225bps.

AP serves as investment advisor to the new mutual fund, FPI serves as subadvisor, and AP affiliate Ceros Financial Services, Inc. serves as distributor and principal underwriter. The fund's PM team includes: Timothy Hanna, senior portfolio manager at FPI; Jason Teed, director of research at FPI; and Wagner.

Wagner puts the launch of the Quantified Global Fund in the context of the "increasing demand" he sees "for risk-managed strategies both domestically and internationally."

"As a whole, international markets have lagged U.S. markets over the last decade," Wagner states. "This may be due to change."

"Increasingly investors are looking for dynamic strategies to assist in countering ongoing market volatility and achieve portfolio diversification," Ayers-Rigsby states.

The new fund's other service providers include: Cohen & Company, Ltd. as independent accounting firm; National Financial Services, LLC (NFS) as limited purpose custodian; Thompson Hine LLP as counsel; Ultimus Fund Solutions, LLC as administrator, dividend disbursing agent, fund accountant, shareholder servicing agent, and transfer agent; and U.S. Bank N.A. as custodian. 

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