Le Lézard
Classified in: Business
Subject: PDT

Veteran Hedge Fund Manager Abraham Trading Converts Flagship Fund to Mutual Fund


CANADIAN, Texas, Oct. 19, 2021 /PRNewswire/ -- Abraham Trading Company ("ATC"), an alternative investment manager with a 33-year investment track record, announced the launch of its first mutual fund today. The firm converted its private hedge fund, the Abraham Fortress Fund LP, into an SEC-registered mutual fund as of Thursday, October 14.

"Every investor deserves institutional-quality investments," remarks Salem Abraham, ATC president. "As a company with over three decades in the investment space, the mutual fund conversion allows us to share our 33 years of experience with both retail and institutional investors alike."

The firm began in January 1990 as a commodity futures investment company, building a managed futures investment fund and a client base of institutional and high net worth investors. By 2018, Mr. Abraham saw a need in the retail investment marketplace for institutional-quality, lower volatility funds, prompting the firm to launch a multi-asset strategy called the Abraham Fortress Fund LP. The new fund combined traditional equity and fixed income assets with diversifying investments in third-party investment funds. The conversion of the Fortress Fund LP into a mutual fund opens the previously private investment strategy to all investors.

"Investors in the Fortress Fund can expect an experienced team, smart risk management, and what we believe are fair, competitive fees. We want to bring the same care and professional management to an individual investor's retirement portfolio as we would to a large college endowment. We believe investors should be carefully evaluating their equity exposure, especially now," Abraham added.

Salem Abraham, the 55-year-old founder and president of the firm, began trading in the futures markets in 1987 as an undergraduate at the University of Notre Dame. After he graduated and returned to his hometown in Texas, he started the firm and its managed futures investment strategy. 

ATC has operated out of Canadian, Texas since its founding in 1990, and it has a marketing and client services office in Aspen, Colorado. Follow the fund's ticker symbols ? FORTX and FORKX ? for Fortress Fund performance. Visit www.abrahamtrading.com for more information about Abraham Trading and the Fortress Fund. A copy of the prospectus can be found here.

Media Contact: Armel Leslie; [email protected]

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 806-323-8000 or visit the Abraham Trading (ATC) website at www.abrahamtrading.com. Read the prospectus or summary prospectus carefully before investing. This communication is for informational purposes only and does not constitute an offer of any securities for sale.

ATC's investment funds and investment strategies may not be suitable for everyone. All of the investment strategies utilized by ATC are speculative and subject to significant risk of capital loss. No representation is being made that an investor will or is likely to achieve profits similar to those achieved in the past. Past performance is no guarantee of future results. As with all investments, the risk of loss in trading these investments can be substantial. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. People can and do lose money. Carefully consider your personal financial situation and your risk tolerance before investing. 

Abraham Trading Company ("ATC") is the Advisor for the Abraham Fortress Fund which is distributed by IMST Distributors, LLC. IMST Distributors, LLC and Abraham Trading Company are not affiliated.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

SOURCE Abraham Trading


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