Welcome!

News Feed Item

Pacific Life Funds Introduces the PL Diversified Alternatives Fund

A Simplified Approach to Alternatives Investing to Increase Overall Portfolio Diversification

NEWPORT BEACH, CA -- (Marketwired) -- 08/04/14 -- To help provide financial advisors and their clients with additional portfolio diversification opportunities, Pacific Life Funds has launched the PL Diversified Alternatives Fund. The new mutual fund may help smooth out the overall risk and improve diversification because of the addition of alternative asset classes to a portfolio.

The PL Diversified Alternatives Fund provides a simplified approach to alternatives investing through a fund-of-funds structure, investing in a variety of other mutual funds of Pacific Life Funds ("Underlying Funds") considered to be alternative or nontraditional investment strategies. Each Underlying Fund represents a distinct investment strategy with varying degrees of volatility and return potential depending on market conditions. Among the variety of asset classes, the Fund may invest in currency, emerging-markets debt, emerging-markets equity, floating-rate loans, global absolute return, inflation-managed bonds, precious metals, and real estate.

"In terms of investment philosophy, several factors set this Fund apart," says Chris van Mierlo, chief marketing officer and senior vice president of sales for Pacific Life's Retirement Solutions Division. "The Fund provides low correlation with the broad markets. Our fund managers focus on a disciplined balance between correlation and performance, all while keeping a close eye on fund volatility. Rather than making short-term, tactical calls on alternatives market segments, all major decisions will be made with a long-term perspective in mind."

Pacific Life Fund Advisors is the fund manager of the PL Diversified Alternatives Fund. The portfolio managers include Howard T. Hirakawa, CFA®, Carleton J. Muench, CFA®, and Samuel S. Park. The investment management team consists of highly disciplined professionals with more than 48 years of combined experience managing fund-of-funds strategies. Their expertise allows them to make all decisions regarding the Fund's allocations, investment-risk management, and the selection of managers for each Underlying Fund.

The PL Diversified Alternatives Fund is offered in A, C, and Advisor shares. For more information, or to view the entire fund lineup from Pacific Life Funds, visit www.PLFunds.com or call (800) 722-2333, option 2.

About Risk
As with any mutual fund, the value of the Fund's holdings will fluctuate so that shares, when redeemed, may be worth more or less than the original cost. There is no guarantee that the Fund's strategies will achieve the Fund's investment goal. Nontraditional or alternative investment performance may be correlated with traditional equity and fixed-income investments over short- or longer-term periods, resulting in a lessened diversification effect and increased volatility when included in a portfolio as part of an asset allocation strategy. Asset allocation, although intended to provide diversification, does not guarantee future results, ensure a profit, or protect against loss. Better results could be achieved by investing in an individual fund or funds representing a single asset class rather than using asset allocation. A fund-of-funds is subject to its own expenses along with the expenses of the Underlying Funds. It is typically exposed to the same risks as the Underlying Funds in which it invests in proportion to the allocation of assets among those Underlying Funds, among other risks. Some of the risks of the Underlying Funds include, but are not limited to, currency risk, floating-rate loan risk, precious metals risk, derivatives risk, and interest-rate risk. Currency exposure subjects a portfolio to changes in the rates of exchange between currencies, which may result in increased volatility. Floating-rate loans involve risk of default on interest and principal payments or price changes due to changes in credit quality of the issuer. The value can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments. Companies engaged in precious metals-related activities may be adversely affected by drops in the prices of the precious metals themselves, for which prices can be volatile. Derivatives can be complex instruments that may experience sudden changes in price and liquidity may be difficult to value, sell, or unwind and may be leveraged, which can cause very large swings in value. Debt securities are affected by changes in interest rates, with longer durations or fixed interest rates being more sensitive to changes in interest rates, making them generally more volatile than debt securities with shorter durations or floating or adjustable interest rates. Please see the prospectus for a detailed description of these and other risks associated with the PL Diversified Alternatives Fund

About Pacific Life
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit Pacific Life online at www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2014 is compiled by Pacific Life using the 2014 FORTUNE 500® list.

This material must be preceded or accompanied by the Pacific Life Funds prospectus and/or applicable summary prospectus. Contact your financial advisor or visit www.PLFunds.com for more information, including the prospectus and/or summary prospectus that contains more complete information, as well as the risks, charges, strategies, expenses, and investment goals of Pacific Life Funds. Read them carefully before investing.

Each Underlying Fund has its own investment goal, strategy and risks, and may not be available for individual purchase. The prospectuses for the Underlying Funds are available at www.PLFunds.com.

Pacific Life Fund Advisors LLC (PLFA), a wholly owned subsidiary of Pacific Life Insurance Company, is the manager of the PL Diversified Alternatives Funds and is responsible for determining the asset allocation mix for the fund. PLFA also does business under the name Pacific Asset Management and manages certain funds under that name.

The PL Diversified Alternatives Fund is offered by Pacific Life Funds. Pacific Life Funds are distributed by Pacific Select Distributors, Inc. (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA), and are available through licensed third-party broker/dealers.

Documents and/or Photos available for this release:

The investment management team consists of highly disciplined professionals with more than 48 years of combined experience managing fund-of-funds strategies.

To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 376391

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, discussed how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees learned how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He also looked at what good leadership must entail in order to accomplish this, and how IT managers can be the ...
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.