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MINNEAPOLIS, Jan. 23, 2017 -- LoCorr Funds is announcing a significant expansion to their growing business. Through the first half of 2017, LoCorr will double their distribution team throughout the United States. This expansion is planned as part of their commitment to better serve and grow their product suite.
LoCorr has experienced rapid growth over the past several years and has become a leader in providing innovative investment solutions with low correlation to stocks and bonds. They have done this by providing investors with access to world-class institutional money managers through liquid 40-Act mutual funds. “This is a very exciting time for our business,” said Kevin Kinzie, Chief Executive Officer of LoCorr Funds. “This expansion will increase our ability to educate the market on how low-correlating strategies can help provide diversification in investment portfolios.”
While 2016 was a challenging year for actively managed mutual funds overall as investors increasingly moved to more passive and index-based products, LoCorr experienced their best sales year in the company’s history and has become one of the fastest growing mutual fund companies in the U.S. They have also successfully expanded their product availability, announcing a partnership with Wells Fargo late last year, among others.
“We continue to see strong demand in the market for the solutions that we provide,” said Ruxandra Risko, Senior Vice President of National Accounts. “The growth strategy we have laid out reflects our commitment to our distribution partners and our strong belief in the value of adding these types of strategies to create well-diversified portfolios.”
About LoCorr Funds
LoCorr Funds is a leading provider of low-correlating investment strategies. They were founded on the belief that non-traditional investment strategies with low correlation to stocks and bonds can reduce risk and help increase portfolio returns. LoCorr offers investment solutions that not only provide the potential for positive returns in rising or falling markets, but also help to achieve diversification in investment portfolios. LoCorr Funds is headquartered in Excelsior, MN. For more information, please visit www.LoCorrFunds.com or call 1.888.628.2887.
Media Contact: Kristen Anderson, Marketing & Communications, 952.767.6908
The LoCorr Funds are distributed by Quasar Distributors, LLC.
© 2017 LoCorr Funds
