Dynamic launches new liquid alternative fund

Core Insights - Dynamic has launched the Dynamic Multi-Alternative PLUS Fund (DMAP), a liquid alternative mutual fund aimed at providing attractive risk-adjusted returns and lower correlation to traditional markets [1][2] Fund Overview - The DMAP Fund is designed as a one-ticket solution for investors seeking diversified exposure to alternative investments, which can help mitigate market volatility [2] - The fund aims to deliver income and long-term capital appreciation by investing across a wide range of asset classes, including debt, options, structured finance, equity, and private assets, while dynamically adjusting allocations based on market conditions [2] Management Team - The fund is co-managed by Richard J. Lee and Nick Stogdill, who collectively bring over 35 years of experience in alternative strategies [3] Company Background - Dynamic is a division of 1832 Asset Management L.P., which offers various wealth management solutions, including mutual funds and actively managed ETFs [4]