June 7, 2018 – Hingham, MA – Crow Point Partners, LLC announced that the EAS Crow Point Alternatives Fund (“EASIX”) received Morningstar’s four-star rating within the research firm’s Multialternative category based on overall performance ending 5/31/2018.
“We are honored to receive the 4-star Morningstar rating and proud of the investment team here at Crow Point” commented Peter DeCaprio, President of Crow Point Partners. “Our firm has tried to be a leader in the alternative investment industry and we are pleased to see that our differentiated approach to alternative fund management has produced good results for our shareholders,” he continued.
The EAS Crow Point Alternatives Fund is a multi-strategy liquid alternative fund that seeks to achieve a consistent, low volatility absolute return stream with low correlation to traditi
onal asset classes. The portfolio managers take a multi-manager approach to construct a highly diversified portfolio of global securities across all asset classes utilizing a stable of high quality managers that have endured multiple market cycles.
The EAS Crow Point Alternatives Fund offers three share classes: Institutional Class (EASIX; $500,000 minimum initial investment), Investor Class (EASYX; $2,500 minimum initial investment; EASAX; $500 minimum initial investment).
The Fund is available for purchase at the major RIA custodians including: Fidelity, Charles Schwab, TD Ameritrade.
The Fund is also available for purchase at the major IBD custodians including: LPL, Raymond James, Cetera, Commonwealth and Mid Atlantic.
About Crow Point Partners
Crow Point Partners, LLC is a $900 million asset management firm headquartered near Boston, MA that employs a disciplined approach to global investment management using both a qualitative and quantitative research and investment process. Since inception, Crow Point has sub-advised three Wells Fargo Separate account composites and launched the Crow Point Separate account composites in 2012. Today, the Crow Point family of Separate account composites includes 10 traditional and alternative open-end mutual separate account composites, as well as 3 target date separate account composites.
About Morningstar, Inc and the Star Rating System
The Morningstar Rating TM for separate account composites, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-ye
ar (if applicable) Morningstar Rating metrics.
©2018 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
More information about the EAS Crow Point Alternatives Fund (EASIX) can be found here.
ABOUT THE AUTHOR
Patrick Mullin, CFA is a Managing Director at Crow Point Partners
Patrick has spent over 25 years in the financial services industry in roles ranging from equity trading and institutional sales to equity analysis and portfolio management. Most recently, Mr. Mullin was the Founder and CIO of Ardara Capital, LP, a small and mid capitalization hedge fund. Prior to Ardara Capital, Mr. Mullin was COO at DeepDive Automated Research, a technology company automating the financial research process, where he was responsible for fostering important client and strategic relationships. At Lazard Asset Management, Mr. Mullin was an analyst covering the energy, technology and healthcare sectors and served as the Portfolio Manager for the Lazard U.S. Small Cap Product overseeing $3 billion in AUM...
To read Patrick Mullin's full bio or other Crow Point team members, click here.