Bridgeway Capital Management Launches Absolute Return-Focused Bridgeway Global Opportunities Fund (BRGOX)
22 Oktober 2024 - 3:30PM
Business Wire
Built for Institutions, Now Open to Retail
Investors, the Fund to Close at $150 Million
Bridgeway Capital Management, an investment firm focused on
stewardship and long-term, disciplined, processes grounded in
academic theory and fundamental insights, is pleased to announce
the launch of Bridgeway Global Opportunities Fund (BRGOX). The fund
is available to trade today on the Schwab and Fidelity
platforms.
Based on Bridgeway’s extensive research including, three
peer-reviewed articles on Intangible Capital Intensity, the Fund
seeks to consistently deliver strong returns regardless of stock
market direction. The Fund is a systematic global absolute–return
strategy that employs a long/short approach and maintains low net
exposure to countries, sectors and certain other undesirable
exposures. BRGOX is being offered as a traditional mutual fund with
an asset cap of $150 million. Once reached, the adviser intends to
offer the strategy to new investors only through a hedge fund
(“long-short”) investment vehicle or similar structure, and at a
higher fee.
“We are confident that Bridgeway Global Opportunities Fund will
be a valuable addition for risk–aware investors seeking to build
resilient, diversified portfolios with reduced exposure to
systematic risks,” said John Montgomery, Founder and CEO at
Bridgeway Capital Management. “The Global Opportunities strategy
structurally benefits from Bridgeway’s experience over three
decades in managing capacity constrained funds, plus our nimbleness
in the market relative to much larger competitors.”
“The launch of Bridgeway Global Opportunities Fund reflects our
commitment to providing investors with innovative solutions in this
evolving market environment,” said Jacob Pozharny, Co-CIO and
Portfolio Manager for the Fund. “Traditionally, only high-net-worth
and institutional investors have had access to hedge fund like
strategies. This fund is designed to be agnostic with respect to
the stock market direction and intended to address increasing
correlation across global markets by aiming to deliver attractive
and consistent risk–adjusted returns through a blend of
diversification and reduced volatility.
For a comprehensive overview of the Bridgeway Global
Opportunities investment approach, please review the firm’s
Measuring Intangible Capital Intensity: A Global Analysis under the
Perspectives Page of our website.
For more information about the Bridgeway Global Opportunities
Fund and Bridgeway Capital Management, please visit
https://bridgeway.com.
About Bridgeway Capital Management
Bridgeway Capital Management, Inc., the Adviser to Bridgeway
Funds, was founded in Houston in July 1993, and manages
approximately $4.3 billion in six mutual funds, two ETFs, as well
as separately managed and sub-advised accounts. With a focus on
long–term, disciplined, statistical processes grounded in academic
theory and fundamental insights, Bridgeway’s research–driven
strategies are committed to delivering exceptional returns for its
clients. Bridgeway is also known for its unique culture and donates
50% of profits to charitable causes.
Disclosures
Before investing you should carefully consider the Fund's
investment objectives, risks, charges, and expenses. This and other
information is in the prospectus, a copy of which may be obtained
by calling 800-661-3550 or visiting the Fund's website at
bridgewayfunds.com. Please read the prospectus carefully before you
invest.
Investing involves risk. Principal loss is possible.
The Fund's use of derivatives, swaps, and leverage can magnify
the risk of loss in an unfavorable market, and the Fund's use of
short-sale positions can, in theory, expose shareholders to
unlimited loss. The Fund invests in foreign securities, which
involve greater volatility and political, economic, and currency
risks, and differences in accounting methods. These risks are
greater in emerging markets. The Fund is new and has no operating
history.
Diversification does not assure a profit, nor does it protect
against a loss in a declining market.
The Fund is distributed by Foreside Fund Services, LLC, which is
not affiliated with Bridgeway Capital Management, LLC ™ or any
other affiliate.
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version on businesswire.com: https://www.businesswire.com/news/home/20241022694289/en/
Media Tyler Bradford Hewes Communications 212-207-9454
tyler@hewescomm.com
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