Ladder Select Bond Fund (Institutional Class: LSBIX) Now Available on the Charles Schwab, TD Ameritrade and Pershing Platforms
November 08 2017 - 12:30PM
Business Wire
Ladder Capital Asset Management, the asset management subsidiary
of Ladder Capital Corp (NYSE: LADR), is pleased to announce that
the Ladder Select Bond Fund (Institutional Class: LSBIX), a no-load
‘40 Act mutual fund focused on investment grade-rated commercial
mortgage backed securities (“CMBS”) and other commercial real
estate (“CRE”) debt investments, is now available on the Charles
Schwab, TD Ameritrade and Pershing platforms.
“We believe that the best investment decisions are made by
subject-area experts,” said Brian Harris, CEO of Ladder Capital and
Co-Portfolio Manager for the Fund. “The Ladder Select Bond Fund is
designed to build on Ladder’s expertise in the CRE finance space.
The Fund invests principally in a portfolio of investment
grade-rated CMBS and related CRE debt where we believe our
knowledge of the underlying real estate collateral and securities
structure allows us to add value in security selection and
portfolio management.”
Launched in October 2016, Ladder Select Bond Fund offers a
uniquely positioned no-load mutual fund with a senior secured CRE
investment strategy. CMBS bonds have long been held in insurance
company and other institutional portfolios, but a highly targeted
allocation to this asset class in an actively managed, daily
liquidity format has not previously been broadly available in the
mutual fund space.
Ladder Select Bond Fund seeks a combination of current income
and capital preservation for investors interested in making
tightly-defined allocations to managers with established expertise
in their respective fields.
More information on the Ladder Select Bond Fund can be found at
www.ladderfunds.com, or contact Ladder Capital Asset Management at
invest@ladderfunds.com.
For media inquiries, please contact Milin Iyer at Sondhelm
Partners at (703) 752-1510 or milin@sondhelmpartners.com.
About Ladder Capital
Ladder Capital Corp is a leading commercial real estate finance
real estate investment trust (REIT) based in New York City focused
on commercial real estate lending, CMBS securities investments, and
selected equity investments. With $5.9 billion in total assets and
$1.5 billion of book equity as of September 30, 2017, Ladder
Capital is the largest internally-managed publicly traded REIT in
its space. The Company was founded in 2008 with $611 million of
equity from Ladder’s senior management team, high-net-worth
individuals, and institutional investors including leading global
sovereign wealth funds and private equity firms. Ladder Capital
Corp completed its initial public offering in 2014 and is traded on
the New York Stock Exchange under the symbol LADR.
Mutual fund investing involves risk. Principal loss is possible.
Investors should carefully consider the investment objectives,
risks, charges and expenses of the Fund. This information and other
important information about the Fund is contained in the
Prospectus, which can be obtained by calling Shareholder Services
at 888-859-5867. The Prospectus should be read carefully before
investing.
Investments in mortgage-backed securities, asset-backed
securities and other structured finance instruments include
additional risks that investors should be aware of, such as credit
risk, prepayment risk, possible illiquidity and default, as well as
increased susceptibility to adverse economic developments. The Fund
will concentrate its investments in commercial mortgage-backed
securities (“CMBS”) and, therefore, will be subject to the risks
associated with these securities, including risks associated with
the underlying mortgages, to a greater degree than a fund that does
not concentrate in such securities. Investments in non-investment
grade and unrated securities presents a greater risk of loss to
principal and interest than higher-rated securities. Derivatives
involve risks different from and, in certain cases, greater than
the risks presented by more traditional investments. Investments in
non-investment grade and unrated securities, derivatives, and
restricted securities tend to involve greater liquidity risk. The
Fund is non-diversified and, therefore, may be more susceptible to
being adversely affected by a single corporate, economic, political
or regulatory occurrence than a diversified fund. Any use of
leverage by the Fund may exaggerate the effect of any increase or
decrease in the value of securities in the Fund’s portfolio on the
Fund’s Net Asset Value and, therefore, may increase the volatility
of the Fund. For more information on these risks and other risks of
the Fund, please see the Prospectus.
Ladder Select Bond Fund is distributed by Ultimus Fund
Distributors, LLC.
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version on businesswire.com: http://www.businesswire.com/news/home/20171108006219/en/
Media inquiries:Sondhelm PartnersMilin Iyer,
703-752-1510milin@sondhelmpartners.com
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