NEW YORK, NY, March 06, 2015 /24-7PressRelease/ -- Ansbacher Investment Management debuted two new options funds in February to complement its flagship program, Elizaville Partners L.P. The two new programs, Elizaville Lite and Elizaville Plus, are designed to provide investors with a greater variety of exposure to Ansbacher's option trading strategy.
One of the longest operating U.S. firms devoted exclusively to option writing, Ansbacher utilizes a market-neutral put skew strategy pioneered by founder and president Max G. Ansbacher. Its flagship fund, Elizaville Partners, has returned a net profit of 585.78 percent to its investors since inception in 1996. The strategy, which combines writing short-dated, out-of-the-money puts on the S&P 500 with a hedged short position on the S&P 500, returned 15% in 2015.
The two new funds employ a similar strategy, but have been adjusted to provide varying risk profiles. Elizaville Plus is an unhedged version of the strategy and has been designed for investors looking to maximize returns while taking on greater risk. Elizaville Lite is seeking more modest, less volatile returns, and is targeting investors who favor consistency and minimal risk above all else.
In their first full month in operation, Elizaville Lite and Elizaville Plus returned 1.34% and 6.14% respectively, while the flagship program returned 9.22%. All three funds are currently accepting new investments.
"This is the first time in our 19-year history we have expanded our offerings," said Ansbacher. "Our investors are very pleased with our performance, but many have been asking for more choices. Some would like to take greater risk, while others are looking for a less volatile option. After a great deal of consideration, we devised a way to provide this choice without deviating from our core focus on put writing that has served our investors so well for so long."
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