Built for Institutions, Now Open to Retail Investors, the Fund to Close at $150 Million
Houston, TX – October 22nd, 2024 – Bridgeway Capital Management, an investment firm focused on stewardship and long-term, disciplined, processes grounded in academic theory and fundamental insights, is pleased to announce the launch of Bridgeway Global Opportunities Fund (BRGOX). The fund is available to trade today on Schwab and Fidelity platforms.
Based on Bridgeway’s extensive research including, three peer-reviewed articles on Intangible Capital Intensity, the Fund seeks to consistently deliver strong returns regardless of stock market direction. The Fund is a systematic global absolute–return strategy that employs a long/short approach and maintains low net exposure to countries, sectors and certain other undesirable exposures. BRGOX is being offered as a traditional mutual fund with an asset cap of $150 million. Once reached, the adviser intends to offer the strategy to new investors only through a hedge fund (“long-short”) investment vehicle or similar structure, and at a higher fee.
“We are confident that Bridgeway Global Opportunities Fund will be a valuable addition for risk–aware investors seeking to build resilient, diversified portfolios with reduced exposure to systematic risks,” said John Montgomery, Founder and CEO at Bridgeway Capital Management. “The Global Opportunities strategy structurally benefits from Bridgeway’s experience over three decades in managing capacity constrained funds, plus our nimbleness in the market relative to much larger competitors.”
“The launch of Bridgeway Global Opportunities Fund reflects our commitment to providing investors with innovative solutions in this evolving market environment,” said Jacob Pozharny, Co-CIO and Portfolio Manager for the Fund. “Traditionally, only high-net-worth and institutional investors have had access to hedge fund like strategies. This fund is designed to be agnostic with respect to the stock market direction and intended to address increasing correlation across global markets by aiming to deliver attractive and consistent risk–adjusted returns through a blend of diversification and reduced volatility.
For a comprehensive overview of the Bridgeway Global Opportunities investment approach, please review the firm’s Measuring Intangible Capital Intensity: A Global Analysis under the Perspectives Page of our website.
For more information about the Bridgeway Global Opportunities Fund and Bridgeway Capital Management, please visit https://bridgeway.com.
About Bridgeway Capital Management
Bridgeway Capital Management, Inc., the Adviser to Bridgeway Funds, was founded in Houston in July 1993, and manages approximately $4.3 billion in six mutual funds, two ETFs, as well as separately managed and sub-advised accounts. With a focus on long–term, disciplined, statistical processes grounded in academic theory and fundamental insights, Bridgeway’s research–driven strategies are committed to delivering exceptional returns for its clients. Bridgeway is also known for its unique culture and donates 50% of profits to charitable causes.
Media Contact
Tyler Bradford
Hewes Communications
212-207-9454
tyler@hewescomm.com
Disclosures
Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus, a copy of which may be obtained by calling 800-661-3550 or visiting the Fund’s website at bridgewayfunds.com. Please read the prospectus carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund’s use of derivatives, swaps, and leverage can magnify the risk of loss in an unfavorable market, and the Fund’s use of short-sale positions can, in theory, expose shareholders to unlimited loss. The Fund invests in foreign securities, which involve greater volatility and political, economic, and currency risks, and differences in accounting methods. These risks are greater in emerging markets. The Fund is new and has no operating history.
Diversification does not assure a profit, nor does it protect against a loss in a declining market.
The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Bridgeway Capital Management, LLC ™ or any other affiliate.