The Measured Risk Strategy Fund (“MRPAX”) Becomes Available on Charles Schwab Discount Brokerage Platform
San Diego, CA (PRUnderground) August 1st, 2017
Measured Risk Portfolios, Inc. (MRP) announced today that its actively managed short volatility fund, the Measured Risk Strategy Fund (MRPAX), has become available on the Charles Schwab brokerage platform, one of the largest in the country. Retail investors and registered investment advisors (RIA) can now purchase load waved A-shares (MRPAX) directly through their Schwab brokerage accounts. In addition to Schwab, the Measured Risk Strategy Fund is also available on TD Ameritrade, E-Trade and Interactive Brokers. On Interactive Brokers, the fund is available through RIA managed accounts only.
“During the annual portfolio reviews with our retail clients, we find that there is growing acceptance of hedged equity and equity derivative strategies as replacement for plain-vanilla equity exposure. Investors like the ability to define their downside risk while still maintaining upside capture. In a few short months we have been able to double the assets of the Measured Risk Strategy Fund from less than $8 million at the start of 2017 to over $16 million in July. We expect further inflows now that we are available on Schwab”, said Bernard Surovsky, Chief Investment Officer of Measured Risk Portfolios, Inc.
About Measured Risk Strategy Fund
The Measured Risk Strategy Fund (Tickers: MRPAX for retail and MRPIX for institutional investors) is an actively managed fund offering short exposure to the VIX. Important information about the fund, including the prospectus, can be found at www.mrp.fund.
About Measured Risk Portfolios
Measured Risk Portfolios, Inc. is an investment advisor headquartered in San Diego, California. As of June 30, 2017, Measured Risk Portfolios had over $139 million in assets under management various strategies. All strategies have been offered exclusively through separately managed accounts. It has offered investors a managed short volatility strategy since October of 2013. More at www.mrpfolios.com
Investors should carefully consider the investment objective, risks, charges and expenses of the Measured Risk Strategy Fund. Mutual funds involve risk, including possible loss of principal. There is no guarantee the Fund will meet its objective. This and other information is contained in the prospectus and should be read carefully before investing. For a prospectus please call Measured Risk Portfolios at (855) 907-3407. The Funds are distributed by Northern Lights Distributors, LLC, member FINRA / SIPC. Northern Lights Distributors, LLC is not affiliated with Measured Risk Portfolios, Inc., the Adviser, or Black Peak Capital, LLC, the sub-adviser. Measured Risk Portfolios, Inc. and Black Peak Capital, LLC are not affiliated entities.
The Fund employs various strategies to achieve the objective of capital appreciation and income. The primary tool to achieve this objective is the use of options. Options involve risk and are not suitable for all investors. Purchased put or call options may expire worthless and may not deliver the expected return due to time value decay. Written call and put options may limit the Fund’s participation in gains and may amplify losses in market declines. The Fund’s losses are potentially large in a written put or call transaction. If un-hedged, written calls expose the Fund to potentially unlimited losses.
Volatility Exchange Traded Products (ETPs) may have significantly greater daily movements that that of the broad US equity markets. Investors cannot directly invest in an index and unmanaged index returns do not reflect any fees, expenses or sales charges. The Fund may invest or buy or sell options on volatility related ETPs, such as: (holdings are subject to change and should not be considered investment advice)
VIX: The CBOE VIX (S&P 500 Volatility Index) is a measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. The VIX is forward looking and seeks to predict the variability of future market movements. This is in contrast to realized (or actual) volatility which measures the variability of historical (or known) prices.
Short VIX or Short Volatility: A “short VIX” investment is one that is designed to correlate negatively or move opposite of the Chicago Board Option Exchange Volatility Index (VIX). These investments may take many forms but are typically Exchange Traded Funds (ETF) or Exchange Trades Notes (ETN). They may also be designed to have various ratios to the daily movement of the VIX (for example 2 times or .5 times) in which case they are also referred to as leveraged or geared ETFs or ETNs
SVXY: ProShares Short VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P 500 VIX Short-Term Futures Index.
XIV: The VelocityShares Daily Inverse VIX Short Term ETN provides -1x leveraged exposure to an index comprising first- and second-month VIX future positions with a weighted average maturity of 1 month.
VXX: The iPath S&P 500 VIX Short-Term Futures ETN tracks an index with exposure to futures contracts on the CBOE Volatility Index with average 1-month maturity.
ETPs are subject to investment advisory and other expenses, which will be indirectly paid by the Fund. As a result, the cost of investing in the Fund will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in stocks. ETFs are subject to specific risks, depending on the nature of the Fund.
The use of leverage, such as that embedded in options, could magnify the Fund’s gains or losses. Written option positions expose the Fund to potential losses many times the option premium received.
The adviser’s use of trading algorithms and judgments about the attractiveness, value and potential appreciation of particular ETPs and options in which the Fund invests or sells may prove to be incorrect and may not produce the desired results.
About Measured Risk Portfolios
Measured Risk Portfolios, Inc. is an investment advisor headquartered in San Diego, California. As of June 30, 2017, Measured Risk Portfolios had over $139 million in assets under management in various strategies. All strategies have been offered exclusively through separately managed accounts. It has offered investors a managed short volatility strategy since October of 2013.