FS Investments, a leading alternative investment manager, announced that FS Multi-Strategy Alternatives Fund (the “Fund,” I share: FSMSX), a liquid alternative, multi-strategy solution sub-advised by Wilshire Associates, has reached its five-year anniversary. The Fund is built to generate absolute, low-correlated returns over a market cycle by investing across stocks, bonds, commodities, and currencies through a unique combination of active hedge fund managers and alternative beta strategies.
“Geopolitical tensions, rising interest rates, high inflation and uncertainty surrounding the ultimate course of the Fed’s current tightening cycle are creating significant challenges for investors today,” said Mike Kelly, Co-President and Chief Investment Officer at FS Investments. “In this environment of heightened volatility, FS Multi-Strategy Alternatives Fund can serve as a timely multi-asset solution that draws on FS Investment’s expertise in constructing and managing alternative beta strategies to build a balanced portfolio that seeks to outperform in challenging market environments and Wilshire’s hedge fund manager research.”
Over the last five years the Fund has generated returns with low correlation and beta to traditional stocks and bonds. The Fund returned 13.96% in 2021. Year-to-date, the Fund has returned 2.04%, while a 60/40 portfolio1 has lost -10.97%, through May 31, the worst year-to-date performance for a 60/40 portfolio since 2008. As of March 31, 2022, the Fund’s 1-year performance was 7.65% and performance since inception (May 16, 2017) was 3.32%.
Disclosure:
Total annual fund operating expenses, Class I: 2.38%. Total annual fund operating expenses after expense reductions, Class I: 1.72%.2 Total annual fund operating expenses after expense reductions, excluding dividend and interest expenses, Class I: 1.50%.2 Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be higher or lower. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Performance for periods less than one year is cumulative. The Fund’s other share classes may have different performance characteristics. Please call 877-924- 4766 or visit our website at www.fsinvestments.com for performance data current to the most recent month-end.
About FS Investments
FS Investments is a leading asset manager dedicated to helping individuals, financial professionals and institutions design better portfolios. The firm provides access to alternative sources of income and growth, and focuses on setting industry standards for investor protection, education and transparency. FS Investments is headquartered in Philadelphia, PA with offices in New York, NY, Orlando, FL and Leawood, KS. Visit www.fsinvestments.com to learn more.
About Wilshire Associates
Wilshire is a global investment advisory company specializing in investment products, consulting services and technology solutions. They are leaders in helping institutions build multi-strategy portfolios that blend active hedge fund managers with passive rules-based strategies. Visit https://www.wilshire.com/ to learn more.
Media Contact
Melanie Hemmert
media@fsinvestments.com
215-309-6843