Issachar Fund (LIONX)
Daily Decision-making PROTECTS ASSETS
much of today’s world of financial advising relies on the mantra “invest for the long term,” some advisors take a daily approach to monitoring risk exposure and rate of return in an effort to guard the assets under their management.
Dexter P. Lyons, portfolio manager of the Issachar Fund (LIONX), is one of those advisors. Based in Lafayette, LA, he is far away from the hustle and bustle of Wall Street but close enough via the Internet to make a proactive daily assessment of how the Issachar Fund assets under management are performing in the stock market.
“The way I view the fund is, I manage my account and watch it like a hawk each and every day,” Lyons explained, regarding the management of the mutual fund he began in March 2014, hanging out his own shingle after nearly two decades of managing other people’s money.
Lyons said he learned long ago that he cannot control the return his investments receive from market activity. What he can control – and what he can keep a tight rein on – is the amount of risk he is taking with the assets under his management.
“I simply try to manage the risk in the fund every day and I let the market determine the return that I receive. My goal is to get a decent return on my investment without taking undue risk and protecting my assets,” Lyons emphasized.
He knows, from painful personal experience, about losing assets.
His first chosen career as a diesel mechanic was cut short by a blast of high volume air rupturing a disc in his neck at age 21. His doctor advised a career change. Worse yet, Lyons had entrusted half of his savings to a stock broker, whose poor investment choices ended up causing a complete loss for him. Lyons was determined to not let this happen to himself, or anyone else, again. As a student at the University of Louisiana majoring in business administration, Lyons said that he fell in love with the activity and trends of the stock market and the use of computers
The Issachar Fund is a Non-Diversified, Unconstrained, Tactical, No-Load, No-Transaction Fee and No-Redemption Fee 1940 Act Mutual Fund. By prospectus, LIONX can be up to 190% Long, up to 150% Short, 100% in Cash or anywhere in between at the portfolio manager’s discretion depending on his perception of risk in the market. By prospectus, LIONX can use Mutual Funds, ETFs, Stocks, Bonds, SWAPS, Futures, Options and Derivatives to position itself in order to achieve its goal of Long-Term Capital Appreciation. The Issachar Fund is a 1940 Act Mutual Fund designed with Hedge Fund abilities.
in trading. He’s been fascinated with the daily activity of the market ever since.
“At the time, the neck injury – what I thought was a traumatic curse – turned out to be a blessing in disguise,” Lyons said.
Today, he uses those two experiences to guide investments in the Issachar Fund. The name is taken from the Biblical reference in I Chronicles 12:32, “the sons of Issachar were known for their understanding of the times.” Lyons believes this applies to investing today as well, and noted that he uses his understanding of the market’s volatility and discernment of current financial conditions in his stewardship of the assets under his management.
The Issachar Fund has a $1,000 minimum for new clients.