Brian Yacktman Launches Mutual Fund (YCGEX)
(firmenpresse) - AUSTIN, TX -- (Marketwired) -- 09/24/13 -- YCG, LLC, formerly known as Yacktman Capital Group, LLC, reached the milestone of a 5-year track record with its flagship Concentrated with Option Enhancement Composite Strategy.
The firm has now launched a no-load mutual fund, the at the end of last year which utilizes the same investment strategy. The fund is managed by Brian Yacktman, formerly of Yacktman Asset Management, and co-managed by Elliott Savage, formerly of Highside Capital Management, a multi-billion dollar long-short equity hedge fund.
Shortly after launching the fund, YCG welcomed Ronald Ball. Prior to joining the firm, he served as a portfolio manager at Yacktman Asset Management for 20 years.
The fund adheres to a disciplined philosophy of seeking to achieve high risk-adjusted returns using a concentrated, long-term approach. "My father's mentoring over the years, from growing up discussing investments around the dinner table to the constant communication we now enjoy, has prevented me from wandering in the wilderness to learn how to pick stocks. Then, I strive to further enhance returns and mitigate risk through the use of options," explains Brian.
Building on YCG's time-tested investment philosophy of buying above-average businesses at below average prices, the option enhancement component incorporates the selling of cash-secured puts and covered calls on these businesses with the goal of generating additional income to the portfolio. This distinct option enhancement approach also serves as a strategic method of entering and exiting positions. "We view the sale of put options as a way to be compensated to put in a limit order to buy a company we want to own, and the sale of a covered call as a way to be compensated to put in a limit order to sell a company already in the portfolio," says Brian Yacktman, President and Chief Investment Officer.
For more information, you can visit YCG's website located at .
YCG, LLC, with $225 million under management, is an independent investment advisory firm founded in 2007 by Brian Yacktman and Will Kruger. In July 2012, the firm changed its name from Yacktman Capital Group, LLC, to YCG, LLC, to prevent confusion with Yacktman Asset Management.
YCG, LLC, is a registered investment advisor. No information contained herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security, or fund.
The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 1-855-444-YCGF (1-855-444-9283) or by visiting . Read carefully before investing.
While the Fund is no-load, management fees and other expenses will apply. Please refer to the prospectus for further details.
The YCG Enhanced Fund is distributed by Quasar Distributors, LLC.
YCG, LLC
(512) 505-2347
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Datum: 24.09.2013 - 13:05 Uhr
Sprache: Deutsch
News-ID 299638
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AUSTIN, TX
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