Catalyst Systematic Alpha Fund (ATRFX) Receives its Second Consecutive Lipper Award

 In News

ATRFX, which invests in multiple asset classes to offer diversification, received a Refinitiv Lipper Award for the best fund among 92 funds in the Absolute Return Category based on risk adjusted performance for the five-year period ending 11/30/23

New York, NY (March 14, 2024) – Catalyst Capital Advisors LLC, a provider of alternative investment solutions, today announced that the firm’s Catalyst Systematic Alpha Fund (Ticker: ATRFX) has been awarded a 2024 Lipper Fund Award for the Best Fund in the Absolute Return Category (based on 5 Year Returns, out of 92 share classes). This is the second year in a row the Fund has been awarded a distinction from Lipper.

ATRFX combines multiple uncorrelated strategies into one portfolio, aiming to deliver potential enhanced returns and greater diversification benefits than a traditional 60/40 approach.

“The Fund has seen significant growth over the past year as we believe investors have discovered how well this Fund has worked for them in their portfolios,” said David Miller, Portfolio Manager. “Today, we’re honored that Lipper has also noticed our innovative approach through a fantastic partnership with BNP Paribas for a second year in a row.”

The Catalyst Systematic Alpha Fund seeks long-term capital appreciation through a multi-asset class strategy that attempts to capture various sources of systematic risks embedded in the capital markets combined with a fixed income portfolio.

“We’re honored to be recognized by Lipper once again,” said Charles Ashley, Portfolio Manager. “This award and our positive performance over the past five years has been a testament to our investment approach. Traveling with our sales team to explain our approach that systematically allocates across stocks, bonds, commodities, and currencies to provide diversification has been a rewarding experience, especially when we receive a second consecutive Lipper Award.”

Catalyst Funds currently offers 18 distinctive funds that provide various strategies with the goal of producing potential positive income- and equity-oriented returns, while seeking to control risk and volatility.

For media inquiries on this announcement, please contact Deborah Kostroun of Zito Partners at 201-403-8185.


Investors should carefully consider the investment objectives, risks, charges and expenses of the Catalyst Funds. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 866-447-4228 or at www. The prospectus should be read carefully before investing.

Risk Considerations

Past performance is not a guarantee of future results.

There is no assurance that the Fund will achieve its investment objective. Diversification does not assure a profit or protect against loss in a declining market.

Investing in the Fund carries certain risks. The Fund will invest a percentage of its assets in derivatives, such as futures and options contracts. The use of such derivatives and the resulting high portfolio turnover may expose the Fund to additional risks that it would not be subject to if it invested directly in the securities and commodities underlying those derivatives. The Fund may experience losses that exceed those experienced by funds that do not use futures contracts, options and hedging strategies. Investing in the commodities markets may subject the Fund to greater volatility than investments in traditional securities. There are risks associated with the sale and purchase of call and put options. There are also risks associated with the sale and purchase of forward contracts. Emerging market securities tend to be more volatile and less liquid than securities traded in developed countries. The Fund invests in the securities of foreign companies which are generally not subject to the same regulatory requirements and have different accounting, auditing and financial reporting standards from those applicable to U.S. companies. The performance of the Fund may be subject to substantial short term changes. Because the Fund invests in affiliated underlying funds, unaffiliated underlying funds, or a combination of both, the Advisor is subject to conflicts of interest in allocating the Fund’s assets among the underlying funds. Investments in underlying funds that own small and mid-capitalization companies may be more vulnerable than larger, more established organizations. Lower-quality debt securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. Interest rate risk is the risk that bond prices in general fall when interest rates rise. These factors may affect the value of your investment.

BNP Paribas does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of the BNP Paribas catalyst systematic alpha index (the “index”). A decision to invest in any such investment fund or other vehicle should not be made in reliance on any of the statements set forth in this document. Prospective investors are advised to make an investment in any such fund or vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or vehicle. You cannot invest directly in an index and unmanaged index returns do not reflect any fees, expenses or sales charges.

Lipper Fund Awards from Refinitiv, ©2020 Refinitiv.  All rights reserved.  Used under license.  The Catalyst Systematic Alpha Fund (ATRFX), Institutional Share Class, received a Refinitiv Lipper Award for the best fund among 92 funds in the Absolute Return Funds category based on a risk adjusted performance for the five year period ending November 30, 2023 The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.  The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months.  The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

Large fund family groups with at least five equity, five bond or three mixed-asset portfolios in the respective asset classes are eligible for a group award. Small fund family groups will need to have at least three distinct portfolios in one of the asset classes – equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In cases of identical results, the lower average percentile rank will determine the winner.

The Catalyst Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Catalyst Capital Advisors LLC, BNP Paribas, and Zito Partners are not affiliated with Northern Lights Distributors, LLC.


Diversification is an investment strategy based on the premise that a portfolio with different asset types will perform better than one with few.

Systematic risk refers to the risk inherent to the entire market or market segment. Systematic risk, also known as undiversifiable risk, volatility risk, or market risk, affects the overall market, not just a particular stock or industry.


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