CALGARY, March 29, 2012 /CNW/ - Auspice Capital Advisors Ltd. (Auspice),
a leading alternative investment manager has recently entered into
partnerships with two leading North American fund providers, which have
both licensed the Auspice eBetaTM Enhanced Indices to use in new
Auspice has entered into a partnership with Direxion Funds of New York
to license the Auspice Broad Commodity ER Index and Auspice Managed
Futures ER Index for distribution to U.S. investors in a mutual fund
format. The two U.S. based mutual funds will seek to replicate the
performance of the Auspice Broad Commodity ER Index and Auspice Managed
Futures ER Index. The mutual funds both launched February 1st with the
following tickers: DXCTX:US and DXMAX:US.
Auspice has entered into a partnership with Horizons Exchange Traded
Funds Inc. and its affiliates (Horizons ETFs) which is a global ETF
organization headquartered in Toronto, Canada, and a member of the
Mirae Asset Financial Group. Horizons ETFs has licensed the Auspice
Managed Futures ER Index for distribution to Canadian investors in an
ETF format. The Horizons Auspice Managed Futures Index ETF is expected
to first trade on the TSX on or about April 3, 2012.
"The two new partnerships are the second and third licensing agreements
we have entered into for our indices," said Tim Pickering, CEO and Co-Founder of Auspice. "Not all commodity and managed futures indices are designed the same.
Providers see our track record of performance and are recognizing the
tremendous value our innovative index methodologies bring to commodity
and managed futures investing."
The Auspice eBetaTM Enhanced Indices have been some of the top
performing indices in the sector since their launch in 2010. The
Auspice Managed Futures ER Index was +8.48% in 2011 while the Auspice
Broad Commodity ER Index was +19.56% since inception (Oct 2010).
Auspice eBetaTM Enhanced indices are calculated and published by NYSE.
Bloomberg Tickers: AMFERI:IND, ABCERI:IND. The methodology
documentation, data, and fact sheets are available at
Auspice has led the way in developing transparent managed futures
indices which provide performance and downside protection starting with
its first managed futures index, the Auspice Broad Commodity Index
which was licensed to Claymore Investments in 2010. This index is a
trend following managed futures methodology that aims to capture upward
trends in the commodity markets while minimizing risk during
The Auspice Managed Futures Index aims to capture upward and downward
trends in the commodity and financial markets while carefully managing
risk. The index uses a quantitative methodology to track either long or
short positions in a diversified portfolio of 21 exchange traded
futures, which cover the energy, metal, agricultural, interest rate,
and currency sectors. The index incorporates dynamic risk management
and contract rolling methods.
About Auspice Capital Advisors, Ltd.
With partner Ken Corner, Tim Pickering has built Auspice Capital
Advisors as a next generation CTA, offering strategies in active
managed futures (Diversified and Energy), passive ETFs, enhanced
indices and custom commodity strategies. Auspice was selected as one of
Alberta's 50 fastest growing companies by Alberta Venture Magazine and
KPMG for both 2010 and 2011. Auspice is also the winner of the 2011
Silver medal from Morningstar in the category of "Best Opportunistic
Hedge Fund" in Canada. Additionally, Auspice is funding a
multi-strategy, multi-time period quantitative approach to investing in
the global energy futures markets in collaboration with Pulse Capital
of New York.
SOURCE Auspice Capital Advisors Ltd.
For further information:
please visit www.auspicecapital.com.
Basil D'Souza - Director of Business Development at 1-888-792-9291 or firstname.lastname@example.org.