West Loop Realty Fund Crosses $100 Million in Assets
New York, New York – July 11th, 2016 – Liberty Street Advisors, Inc. (“Liberty Street”) has announced that the West Loop Realty Fund (the “Fund”) has crossed $100 Million in assets under management. Liberty Street is the investment advisor to the Fund. Chilton Capital Management LLC is the Fund’s sub-advisor.
“We are extremely pleased at the growth and performance of the West Loop Realty Fund, and are as excited as ever about the opportunity to make the Fund available to more individuals and institutions as we reach this key milestone,” said Matt Werner, Co-Portfolio Manager of the West Loop Realty Fund.
Bruce Garrison, Co-Portfolio Manager of the West Loop Realty Fund, stated, “It is gratifying to see that investors appreciate our disciplined investment process that seeks a portfolio of high-quality real estate investments trusts (“REITS”) to provide investors with exposure to a diverse selection of property types.”
The West Loop Realty Fund is available at UBS, Morgan Stanley, and various independent broker dealers as well as through major custodians including Charles Schwab, Fidelity, Pershing, & TD Ameritrade.
About the Fund
The West Loop Realty Fund (“The Fund”) is an open-end mutual fund investing primarily in income-producing securities, such as Real Estate Investment Trusts (“REITs”). The Fund employs an investment process founded in diligent fundamental research, boots-on-the-ground experience, and proprietary earnings models. The Fund typically assembles portfolios of 20-40 companies that are diversified by property type, geography, and tenant in an attempt to maximize risk-adjusted returns.
About Liberty Street Advisors
Liberty Street offers investors mutual funds which are sub-advised by third party boutique independent managers who possess a particular expertise in their space. Through its selective multi-manager family of funds, Liberty Street provides access to timely investment strategies designed to help investors and financial advisors meet the challenges of today’s market environment. With approximately $2.8 billion in assets under management as of June 30, 2016, Liberty Street is the advisor to the Center Coast MLP Focus Fund, the West Loop Realty Fund, the Robinson Tax Advantaged Fund, the Robinson Opportunistic Income Fund, the Braddock Multi-Strategy Income Fund, and the Horizon Spin-off & Corporate Restructuring Fund.
About Chilton Capital Management LLC
Chilton Capital Management LLC is an independently owned and operated firm formed in 1996. Chilton provides investment advisory services for private clients, family offices, endowments, foundations, retirement plans and trusts. Chilton focuses on traditional methods of security analysis; primarily research, critical thought and analytical depth, which are integral to their investment process. Chilton’s investment approach seeks to combine its real estate industry experience with traditional methods of security selection to make sound investment decisions in real estate companies.
Before investing you should carefully consider the West Loop Realty Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus and summary prospectus, a copy of which may be obtained by calling (800) 207-7108 or by visiting the Fund’s website at www.libertystreetfunds.com. Please read the prospectus and summary prospectus carefully before you invest.
For information about the Fund, please contact your Financial Advisor, or contact the Fund directly at (800) 207-7108.
Financial Professionals only may call: (212) 240-9726
Media Relations please contact: (703) 933-3437
RISK AND OTHER DISCLOSURES:
An investment in the West Loop Realty Fund is subject to risk, including the possible loss of principal amount invested and including, but not limited to, the following risks, which are more fully described in the prospectus: The Fund invests in Real Estate Investment Trusts (REITs), which involve additional risks compared to those from investments in common stock. REITs are dependent upon management skills; generally may not be diversified; and are subject to heavy cash flow dependency, defaults by borrowers, self-liquidation, and tax risks. Investments in REITs involve risks including, but not limited to, market risk, interest rate risk, equity risk and risks related to the real estate market. The Fund will be closely linked to the performance of the real estate markets. The Real Estate industry is subject to certain market risks such as property revaluations, interest rate fluctuations, rental rate fluctuations and operating expenses, increasing vacancies, rising construction costs and potential modifications to government regulations.
REITs are subject to declines in the value of real estate as it relates to general and local economic conditions and decreases in property revenues. Continued disruptions in the financial markets and deteriorating economic conditions could adversely affect the value of the Fund’s investments. As a non-diversified fund, the Fund may focus its assets in the securities of fewer issuers, which exposes the Fund to greater market risk than if its assets were diversified among a greater number of issuers. The Fund’s investments will be concentrated in the real estate sector. The focus of the Fund’s portfolio on a specific sector may present more risks than if the portfolio were broadly diversified over numerous sectors.
Foreign investment risk. These risks include currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments. Foreign companies are generally subject to different legal and accounting standards than U.S. companies. The Fund invests in small and mid-cap real estate companies, which may involve less trading and, therefore, a larger impact on a stock’s price than customarily associated with larger, more established company stocks. In order to qualify for the favorable tax treatment generally available to regulated investment companies, the Fund must satisfy certain diversification requirements. The Fund’s strategy of investing in a relatively small number of securities may cause it inadvertently to fail to satisfy the diversification requirements. If the Fund were to fail to qualify as a regulated investment company, it would be taxed in the same manner as an ordinary corporation, and distributions to its shareholders would not be deductible by the Fund in computing its taxable income.
The Fund may not be suitable for all investors. We encourage you to consult with a financial professional before considering an investment in the Fund.
Distributed by Foreside Fund Services, LLC. www.foreside.com