|By Marketwired .||
|August 4, 2014 03:03 PM EDT||
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.
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
Phone: (949) 219-6916
E-Mail: [email protected]
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ET...
Aug. 30, 2015 07:00 AM EDT Reads: 112
U.S. companies are desperately trying to recruit and hire skilled software engineers and developers, but there is simply not enough quality talent to go around. Tiempo Development is a nearshore software development company. Our headquarters are in AZ, but we are a pioneer and leader in outsourcing to Mexico, based on our three software development centers there. We have a proven process and we are experts at providing our customers with powerful solutions. We transform ideas into reality.
Aug. 30, 2015 06:45 AM EDT Reads: 516
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
Aug. 30, 2015 06:00 AM EDT Reads: 383
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
Aug. 30, 2015 02:00 AM EDT Reads: 385
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Aug. 30, 2015 01:00 AM EDT Reads: 426
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
Aug. 30, 2015 01:00 AM EDT Reads: 470
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
Aug. 30, 2015 01:00 AM EDT Reads: 205
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Aug. 30, 2015 01:00 AM EDT Reads: 381
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Aug. 29, 2015 11:45 PM EDT Reads: 427
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
Aug. 29, 2015 10:00 PM EDT Reads: 321
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of I...
Aug. 29, 2015 07:30 PM EDT Reads: 379
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Aug. 29, 2015 07:15 PM EDT Reads: 371
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Aug. 29, 2015 04:00 PM EDT Reads: 327
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
Aug. 29, 2015 01:00 PM EDT Reads: 148
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
Aug. 29, 2015 12:00 PM EDT Reads: 145