Investment Strategy

The RG Tactical Market Neutral Fund (RFIIX) seeks long term capital appreciation by employing a global market neutral strategy.   Specifically, the Fund seeks to construct a global portfolio of both long and short positions with a low correlation to global markets and traditional equity benchmarks.

Fund Terms

Investment Type:
Equities – Market Neutral

Portfolio Manager:
Ben McMillan

Fund Inception Date:
July 1, 2019

Institutional Class
Ticker Symbol: RFIIX
CUSIP: 75281Y 602

Investment Adviser:
RG Liquid Alts, L.P.

Adviser Inception Date:
March 11, 2019

Investment Approach:
Quantitative, Rules-based

Ben McMillan – Chief Investment Officer

Mr. McMillan is a founder of RG Liquid Alts, LP and serves as the Portfolio Manager of the RG Tactical Market Neutral Fund. From 2018 to present, Mr. McMillan has also served as the founding partner and CIO of IDX Insights, a research and indexing company.  Prior to that, Mr. McMillan has served as a portfolio manager for multiple hedge funds and developed a cloud-based 13-F analytics program. Mr. McMillan holds an M.Sc. in Econometrics from the London School of Economics as well as an M.A. and B.A. in Economics from Boston University.

Joshua Myers, Director of Analytics

Joshua Myers is the Director of Analytics for RG Liquid Alts, LP. In addition to his role as Director of Analytics, and since June 2019, Mr. Myers also serves as Senior Research Associate for IDX Insights, a research and indexing company. Prior to his roles at RG Liquid Alts and IDX Insights, from 2014 to 2019,  Mr. Myers served as a Research Associate for Ramsey Quantitative Systems, a $1 billion family office. In this role he gained experience working across quantitative equity portfolios, specialty finance and trading. Mr. Myers earned a B.A. with a concentration in the Business Scholars’ Program from Hanover College in 2011.

How to Invest

The RG Tactical Market Neutral Fund is distributed by Arbor Court Capital, LLC, and available for purchase via:

Mutual Shareholder Services
Independent Adviser Brokerage Networks
Financial Intermediaries

Mutual Shareholder Services

To invest in the Ranger Funds, please contact Mutual Shareholder Services at (866) 458-4744 or send a request to: In addition, the mailing address for Mutual Shareholder Services is:

RG Tactical Market Neutral Fund
c/o Mutual Shareholder Services
8000 Town Centre Drive, Suite 400
Broadview Heights, Ohio 44147

Independent Adviser Brokerage Networks

Here you will find a list of brokerage firms currently offering Ranger Funds for Registered Advisors (RIA) and Institutions. Please contact the brokerage firm of your choice for additional information concerning:

  • Varying closing times within each particular brokerage firm
  • Some brokerage firms may impose transaction fees. It is important to note Ranger does not impose transaction
  • Minimum purchases and share class availability may vary within brokerage firms
  • The listing of brokerage firms is provided solely for informational purposes and is neither a recommendation nor a solicitation by Ranger to utilize the services of any brokerage firm.
    Ranger is not affiliated with the brokerage firms and neither sponsors nor endorses any particular brokerage firm or investment strategy.

Charles Schwab
TD Ameritrade

Financial Intermediaries

If you are a representative of a broker-dealer or independent firm, please email us at or call us at +1 (800) 403-4349 to determine if RG Liquid Alts, L.P. has an agreement with your firm or to request one.

Mutual fund investing involves risk. Such risks associated with the RG Tactical Market Neutral Fund as well as applicable investment objectives, charges and expenses must be considered carefully before investing. This and other important information about the RG Tactical Market Neutral Fund is found in the Prospectus, a copy of which may be obtained by clicking here or by contacting Mutual Shareholder Services at (866) 458-4744. We encourage you to read the prospectus carefully before investing.