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
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Regulatory requirements exist to promote the controlled sharing of information, while protecting the privacy and/or security of the information. Regulations for each type of information have their own set of rules, policies, and guidelines. Cloud Service Providers (CSP) are faced with increasing demand for services at decreasing prices. Demonstrating and maintaining compliance with regulations is a nontrivial task and doing so against numerous sets of regulatory requirements can be daunting task...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
"This is specifically designed to accommodate some of the needs for high availability and failover in a network managed system for the major Korean corporations," stated Thomas Masters, Managing Director at InfranicsUSA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, has been recognized with the Customer Value Leadership Award for its nWorkSpace platform by Frost & Sullivan. The company was also featured in a new report(1) by the industry research firm titled, “Desktop-as-a-Service Buyer’s Guide, 2016,” which provides a comprehensive comparison of DaaS providers, including CloudJumper, Amazon, VMware, and Microsoft.