By Roy Hayhurst, GuideStone Financial Resources DALLAS, Texas - GuideStone Funds has launched its new Strategic Alternatives Fund. The fund is available to retirement plan participants in GuideStone’s employer-sponsored retirement plans as well as other eligible GuideStone investors and financial advisors. The fund seeks to provide absolute returns with both lower volatility than, and low correlation with, traditional equity and fixed-income markets. The term “absolute returns” means that an investment aims to generate a consistently positive single digit total return in most market environments. When speaking of the fund having a low correlation to equity (stock) and fixed-income (bond) markets, it is expected to have much lower price variability than those asset classes. Investors interested in alternatives investing are generally looking for choices beyond fixed income or equity investments for additional diversification. “Diversification in an environment of rising volatility is absolutely critical, but the one thing we don’t want investors to do is overreact to short-term moves in the market,” said David S. Spika, chief strategic investment officer of GuideStone Financial Resources. “There is going to be a … [Read more...]