Ranger Active Bear ETF (NYSE: HDGE) Portfolio Team Bringing Short Expertise To SMA Market

Loading...
Loading...

Ranger Active Bear ETF HDGE Portfolio Team Bringing Short Expertise To SMA Market

Portfolio team with over 40 years' aggregate investment experience and a 11-year history working with investment companies to manage downside risk, generate Alpha and increase diversification

PR Newswire

DALLAS, Oct. 18, 2018 /PRNewswire/ -- Ranger Alternative Management, L.P., today announced that it will begin offering its expertise built upon an 11-year history of shorting stocks via forensic accounting and fundamental research to institutional investors to help them capture down side Alpha and manage risk against market downturns via separately managed accounts or as part of overall diversified portfolios.

Ranger portfolio managers Brad Lamensdorf and John DelVecchio, CFA and the actively managed Ranger Equity Bear ETF HDGE have sought to outperform rival inverse index funds in up and down markets by shorting stocks with weak fundamentals that are also overpriced. Now they are bringing this strategy to the SMA market.

"In this unprecedented bull market, investment firms and insurance companies are looking for alternative ways to generate Alpha while also managing risk within their portfolios against the potential market correction," said Lamensdorf. "To that end, we have begun discussions with multiple firms about using our models to create short-only, separately managed accounts as either individual funds or as part of an overall diversified portfolio. The plan is to help those institutional investors both strive to reduce overall portfolio volatility while achieving Alpha returns during precipitous declines within this bull phase of the stock market cycle."

HDGE is the only actively-managed short-only ETF on the NYSE.  The strategy implements a fundamental research-driven security selection process based on a forensic accounting methodology that short-sells U.S. listed equities. The strategy seeks to identify securities with low earnings quality or aggressive accounting practices that are designed to bolster short-term corporate performance, which may exhibit above-average downside volatility.

"The benefits of having a separately managed short-only portfolio are many, including the ability to tactfully manage positions and risks, reduce a portfolio's overall correlation to benchmark indices and have complete transparency and liquidity in the portfolio," said Del Vecchio. "Besides the potential for downside protection, the down side capture of our strategy has generated Alpha over the S&P 500 during stock market declines."

For more information about the Ranger Alternative Management, LP strategy, please contact Bill Kassul at 214-871-5270 or bkassul@rangercap.com

About Ranger Alternative Management, LP
Ranger Alternative Management, L.P. serves as an advisor to the Ranger Equity Bear ETF (NYSE: HDGE). HDGE is the first actively managed ETF, which invests on a short basis only in U.S. equities with the objective of generating positive relative risk-adjusted returns. The investment team implements a bottom-up, fundamental, research driven security selection process which seeks to identify securities with low earnings quality or aggressive accounting practices which may be intended on the part of company management to mask operational deterioration and bolster the reported earnings per share over a short time period. In addition to these issues, Ranger seeks to identify earnings driven events that may act as a catalyst to the price decline of a security, such as downwards earnings revisions or reduced forward guidance.

 Returns as of 8/31/18

Trailing 6 Months

Trailing 1 Year

Annualized 3 Year

HDGE (Net)

-9.66

-15.09

-13.32

S&P500 (Gross)

7.96

19.66

16.11

The related information contained in the above is for illustration purposes only.

Business Contact:
Bill Kassul
Ranger Alternative Management, LP
214-871-5270
bkassul@rangercap.com

Press Contact:
Richard Stern
Stern & Co.
212-888-0044
richstern@sternco.com

For more information, visit www.rangerequitybear.com

Information contained herein does not constitute an offer to sell or a solicitation of an offer to buy any securities and may not be used or relied upon in evaluating the merit of investing. An offer or solicitation will be made on through constitutive documents and subscription documents which will contain additional information about the investment objectives, terms and conditions of an investment.

It is not possible to invest directly in an Index. One cannot invest directly in an Index. An Index may differ significantly from the holdings of the Fund as an Index is not managed, and no fees or expenses are deducted from an Index. Net returns are displayed by deducting estimated fees and expenses charged to the fund which are believed to be reasonable estimates of such fees.  Past performance is not a reliable indicator of future performance and may not achieve the same level of returns as those achieved by previous investments and actual results may be material and adverse.

 

View original content:http://www.prnewswire.com/news-releases/ranger-active-bear-etf-nyse-hdge-portfolio-team-bringing-short-expertise-to-sma-market-300733308.html

SOURCE Ranger Capital Group

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press ReleasesBanking/Financial Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...