Litman Gregory Fund Advisors has rolled out a no-load, multi-manager, multi-strategy mutual fund. The Litman Gregory Masters Alternative Strategies Fund provides investors a diversified exposure to alternative and absolute-return-oriented strategies.

The fund consists of four distinct strategies that draw on the specialized skills of four managers, DoubleLine Capital, First Pacific Advisors, Loomis Sayles & Co. and Water Island Capital. Litman Gregory Fund Advisors is a U.S. privately owned investment manager and an associate of fee-only investment advisory firm Litman Gregory Asset Management.

Click here for the release from Business Wire.