"We are thrilled to mark the third anniversary of Palantir Fund with this recognition from Lipper. Our global long/short strategy is designed to be a stabilizing force through turbulent times," said Tom Samuels, Managing Partner and Lead Portfolio Manager of Palantir. "The Palantir Fund offers advisors and investors an 'out of the box' opportunity in the long/short space. Not only do we invest all over the world, we can invest in any style and market cap."
The Palantir Fund seeks to provide long-term appreciation with an added focus on absolute return and capital preservation during unfavorable market conditions. Employing a multi-disciplined analytic and management strategy, the Palantir Fund will typically own 25 to 40 U.S. and foreign securities of any capitalization. In addition, the Palantir Fund will intentionally reduce or hedge its exposure in environments where the return from market risk or sector risk is believed to be unfavorable.
"In addition to our global focus, we believe Palantir stands apart from other funds in the long/short category because we frequently invest in names that much of Wall Street doesn't cover," says Mr. Samuels. "Furthermore, while many long/short managers have extensive long-only track records, our management team has more than 19 years of experience on both the long and short side."
To request more information or to speak with Palantir, please contact Katrine Winther-Olesen at 973-400-1341 or katrine@jcprinc.com.
About Palantir Capital Management
Palantir Capital Management manages The Palantir Fund (PALIX), a global, long/short mutual fund. The fund employs a uniquely disciplined, flexible and multi-analytic approach to provide long term investment growth as well as capital protection during unfavorable market conditions. Many financial advisors find the Palantir Fund valuable as a core holding in a well diversified portfolio. For more information, visit www.palantirfunds.com.
The Lipper Leader Rating System is a proprietary mutual fund rating system. Ratings are based on a scale of one to five with 5 being the highest rating and are subject to change monthly. The calculation is based on an equal-weighted average of percentile ranks for each of 5 measures over three-, five, and ten-year periods (if applicable). Funds are ranked against peers net of all fees. The highest 20% of funds in each peer group receive a 5 and are named Lipper Leaders, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1. Lipper Ratings for Total Return reflect historical total return performance relative to peers, Consistent Return reflect historical risk-adjusted returns, adjusted for volatility, relative to peers, Preservation reflect historical loss avoidance relative to peers, Tax Efficiency reflect historical success in postponing taxable distributions relative to peers, and Expense reflect expense minimization relative to peers with similar load structures.
Past performance is no guarantee of future results. The Fund uses short selling which incurs significant additional risk, and there are special risks associated with international investing, including currency fluctuations, economic conditions, and different governmental and accounting standards. No load mutual funds are sold without a sales charge; however, they have ongoing expenses, such as management fees.
Mutual Fund investing involves risks such as loss of principal. Investors should consider the Fund's investment objective, charges, expenses, and risk before investing. This and other information about the Fund is in the prospectus which can be found at www.palantirfunds.com. The prospectus should be read carefully before investing. Distributed by Northern Lights Distributors, LLC, member FINRA. 0692-NLD-5/18/2010
SOURCE Palantir Capital Management
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