Nashville money manager launches alternative fund [1]
[2]Looking to take advantage of investors' hunger for alternative assets classes and desire to hedge risk, Brentwood-based Compass EMP has brought to market a mutual fund that invests in commodities, currencies and inflation-protected bonds [3], among other things. Like the other two Compass funds — the $22 million Conservative-to-Moderate Fund [4] and $13 million Long-Term Growth Fund [5] — the Compass EMP Alternative Investment Fund will put money to work primarily in exchange-traded funds.
SEE ALSO: ETF manager names president [6]
- Area Stocks [7]
- Finance [8]
- Compass Advisory Group LLC d/b/a Compass EMP [9]
- Compass EMP Alternative Investment Fund [10]
- exchange-traded funds [11]
- mutual funds [12]
- risk management [13]
- Investment management [14]