“We believe alternative investment strategies provide higher levels of diversification and risk mitigation than traditional strategies, especially during volatile market environments, but some investors and advisors find the taxes to be an obstacle,” said Robert Worthington, President of Hatteras. “Hatteras and Jefferson National have removed this obstacle by offering a daily liquid, multi-strategy, multi-manager alternative fund within a tax-deferred variable annuity.”
The Fund’s strategies are similar to the $476 million Hatteras Alpha Hedged Strategies Fund, a mutual fund which will celebrate its 10-year anniversary on September 23, 2012.
The Fund was unveiled on the flat-fee variable annuity platform of Jefferson National, a recognized innovator of tax-deferred investing solutions for Registered Investment Advisors (RIAs) and fee-based advisors, on June 15, 2012. It is the only multi-strategy, multi-manager alternative option available on Jefferson National’s flat-fee variable annuity platform.