Fiera Capital Diversified Alternatives Fund*

Investment Approach

The Fund seeks to generate consistent returns relative to risk and maintain low correlation to equity and bond markets. The Fund employs a multi-manager, risk balanced approach to portfolio construction, offering diversification across a variety of asset classes, investment styles, time frames, and strategies. 

Fund advisor

The Advisor to the Fund is Fiera Capital Inc. The portfolio management team joined Fiera Capital from Larch Lane Advisors LLC, where they were pioneers in early stage hedge fund investing, with 23 years of experience in fund of hedge fund investing.

Core Principles

  • Utilization of established and early stage hedge fund managers
  • Designed to potentially provide an independent return stream, with limited stock/bond market correlation
  • Focused portfolio of specialist managers with diversification across alpha sources**
  • 40 Act compliance is managed at the overall Fund level providing the potential to optimize the benefits of each sub-adviser

Documentation

Senior Investment Team

Mark JurishMark Jurish

Executive Vice President, Head of Hedge Fund Investing and Seeding Strategies

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Mark is the Head of Hedge Fund Investing and Seeding Strategies. He previously served as the Chief Executive Officer and Chief Investment Officer of Larch Lane Advisors LLC. Prior to forming Larch Lane in 1999, Mark was Managing Director at Paloma Partners, a firm that he joined in 1988. At Paloma, he was primarily responsible for evaluating, selecting and monitoring suitable investments for various Paloma trading entities, as well as creating and structuring new products. His duties included the creation and management of the fund that formed the basis for Larch Lane's flagship fund – Larch Lane Absolute Return. From 1986 to 1988, Mark was employed at Skadden, Arps, Slate, Meagher and Flom as a specialist in financial investment modeling and management consulting. Mark began his financial career in 1984 at Arthur Young & Company (a predecessor of Ernst & Young), an international accounting and consulting firm. Previously, he served as an Independent Trustee of the MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund, on the Best Practices Committee of the Greenwich Roundtable and on the Board of Directors for the Managed Funds Association. Mark received his BA from State University of New York at Albany in 1980 and his MBA in Finance from New York University in 1984.

Geoffrey DoyleGeoffrey Doyle

Senior Vice President, Director of Research, Alternative Strategies

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Geoff is the Director of Research in the Alternative Strategies Group. Previously, Geoff served as a partner and Director of Research at Larch Lane Advisors LLC, which he joined in July 2010. He was formerly Head of Research at Safra Asset Management where he oversaw approximately $4 billion in hedge fund investments. Prior to joining Safra in 2008, Geoff was Director of Research and Head of Portfolio Management at Auda Advisor Associates LLC where he oversaw approximately $2 billion in hedge fund investments. From 1995 to 2000, Geoff worked in the debt capital markets group of UBS in New York and London, heading origination for European Yankee bonds. Geoff received his AB from Harvard College and his MBA from Columbia Business School.

*The Fiera Capital Diversified Alternatives Fund was formerly known as the Rothschild Larch Lane Alternatives Fund as of July 13, 2016. The Fund continues to be managed with the same investment approach and strategy.

**Alpha is a measure of the active return on an investment.

There is no guarantee that the product will achieve any of these benefits.

Check the background of SEI Investments Distribution Co. on FINRA’s BrokerCheck.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund’s summary and full prospectuses, which may be obtained by calling 844.755.3863, or by clicking the linked files above. Please read the prospectus carefully before investing.

The Fiera Capital Diversified Alternatives Fund is distributed by SEI Investments Distribution Co, which is not affiliated with the adviser or any of its affiliates nor with any of the sub-advisers.

Investing involves risk, including possible loss of principal. The Fund may invest in bonds. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise. The Fund uses investment techniques that are different from the risks ordinarily associated with equity investments. Such techniques and strategies include the use of derivatives, short sales, and leverage and investments in commodity-linked securities and foreign securities. Derivatives are often more volatile than other investments and may magnify the Fund’s gains or losses. With short sales, the Fund risks paying more for a security than it received from its sale. Short sale losses are potentially unlimited and the expenses involved with the shorting strategy may negatively impact the performance of the Fund. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from social, economic, or political instability in other nations. Commodity linked securities can be more volatile and less liquid than the underlying commodities themselves and the use of leverage may accelerate the velocity of potential losses The Fund uses a multi-manager structure. It is possible that the investment styles used by a Sub-Adviser in an asset class or investment strategy will not always be complementary to those used by others, which could adversely affect the performance of the Fund.