BLOOMFIELD HILLS, Mich., May 2, 2014 (GLOBE NEWSWIRE) -- Flexible Plan Investments, Ltd., a leading provider of dynamic risk-managed investment solutions, announces a partnership with Advisors Preferred to launch a contest for an investment trading strategy that utilizes The Gold Bullion Strategy Fund (QGLDX).
"When we developed The Gold Bullion Strategy Fund (QGLDX) the idea was to both have a way to trade the daily price change in gold bullion within the mutual fund (as opposed to ETF) environment and to make use of the unique diversification characteristics gold has historically delivered. My hope is that the contest will not only raise awareness of the only gold bullion mutual fund, but also unearth an innovative and profitable methodology for trading it," said Jerry Wagner, President & Founder of Flexible Plan.
The QGLDX Trading Contest is looking for the best gold bullion trading strategy utilizing QGLDX while promoting awareness of The Gold Bullion Strategy Fund. All participant entries are due Saturday, May 31st. There are no restrictions on who can enter.
Of the initial submissions, a group will be selected for a second round of evaluation. The second round participants (or semi-finalists) will provide their strategy formula and/or rule sets, under the provisions of the non-disclosure agreement, for testing on a second set of data.
The winner of the contest will be determined by the results of the second round of strategy testing, selected by Flexible Plan Investments, Ltd. at its sole discretion.
The finalist will be awarded a one-year exclusive contract with Flexible Plan Investments, Ltd. with a minimum $1 million AUM; standard sub-advisor agreement paying 20% of net fees; and will be promoted as the contest winner in a Flexible Plan Investments, Ltd. press announcement.
To enter or for contest details and rules, go to https://flexibleplan.com/advisorservices/gold/gold-strategy-contest-landing-page.html.
About The Gold Bullion Strategy Fund (QGLDX):
The Fund seeks returns that reflect the daily performance of the price of gold bullion. To meet its goal of tracking New York Spot Gold 1:30 p.m. EST close, the Fund will utilize gold bullion ETFs and derivatives. Additionally, in an effort to reflect the daily performance of the price of gold bullion net of fees, the Fund will invest in investment grade fixed income corporate notes and bonds, generating interest income. Visit www.goldbullionstrategyfund.com for more information.
About Flexible Plan Investments, Ltd.:
Established in 1981, Flexible Plan Investments, Ltd. invests over $1.7 billion in assets for clients in its separately managed account business (as of 12/31/13). As a founding member of the National Association of Active Investment Managers (NAAIM), Flexible Plan, a turnkey asset management program (TAMP) provider, is one of the trade association's largest and oldest active money managers. The company's mission is to provide investors with competitive returns, while reducing risk through the use of dynamic risk management, strategic diversification, and cutting-edge technology and support services. For more information, visit www.flexibleplan.com.
An investor should consider the investment objectives, risks, charges and expenses of each of the Quantified Funds before investing. This and other information can be found in the Fund's prospectus, which can be obtained by calling 1-855-647-8268 or by visiting www.quantifiedfunds.com. The prospectus should be read carefully prior to investing in the Quantified Funds.
There is no guarantee that any of the Quantified Funds will achieve their investment objectives.
Flexible Plan Investments, Ltd. serves as investment sub-advisor to the Quantified Funds, distributed by Ceros Financial Services, Inc. (member FINRA). Ceros Financial Services, Inc. and Flexible Plan Investments, Ltd. are not affiliated entities. Advisors Preferred, LLC is the Fund's investment adviser. Advisors Preferred, LLC is a wholly-owned subsidiary of Ceros Financial Services, Inc.
Risks associated with the Quantified Funds include active frequent trading risk, aggressive investment techniques, small and mid-cap companies risk, counter party risk, depository receipt risk, derivatives risk, equity securities risk, foreign securities risk, holding cash risk, limited history of operations risk, lower quality debt securities risk, non-diversification risk, investing in other investment companies (including ETFs) risk, shorting risk, asset backed securities risk, commodity risk, credit risk, interest risk, prepayment risk, and mortgage backed securities risk. For detailed information relating to these risks, please see the prospectus.
Total Annual Fund Operating Expenses for the funds are as follows: Quantified Managed Bond Fund – 1.68%; Quantified All-Cap Equity Fund – 1.51%; Quantified Market Leaders Fund – 1.71%; Quantified Alternative Investment Fund – 2.20%.