Ralph Parks Investment Group LLC said Tuesday that it had introduced the Ralph Parks Cyclical Equity Fund.
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The Pittsford, N.Y., registered investment adviser, which was opened in November, is the first to offer a domestic cyclical equity fund. Ralph Parks, the firm's chairman and founder, is to manage the portfolio.
It is a no-load, diversified, multicap, open-end mutual fund that seeks to maximize long-term capital appreciation while minimizing exposure to general equity market risk.
