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LOS ANGELES, Feb. 26, 2021 /PRNewswire/ The DoubleLine Multi-Asset Trend Fund (the Fund ), a mutual fund whose strategy combines active management of a fixed income portfolio with exposure to an index that reflects trend-following strategies (the BNP Paribas Multi-Asset Trend Index), opened today to investors. The no-load, open-end Fund is open to investors via I shares (DBMOX) and N shares (DLMOX).
The Fund seeks total return (capital appreciation and current income) which exceeds the total return of its benchmark index over a full market cycle. The Fund s benchmark is the Credit Suisse Managed Futures Liquid Total Return USD Index, which was selected as a measure of the performance of a number of trend following investment strategies. Trend following is an investment approach that seeks to invest in a manner that will benefit from persistent trends in price movements, whether that trend is the appreciation or depreciation of an asset s