Easterly Snow Long/Short Opportunity Fund — new fund registration

James Alpha Funds Trust registered 2 new fund series on Form 485APOS, filed 2021-06-25. Featured series: Easterly Snow Long/Short Opportunity Fund.

Registration

Registrant / trust: James Alpha Funds Trust
CIK: 0001829774
Form: 485APOS
Filed: 2021-06-25
State of incorporation: DE
Accession: 0001580642-21-002888
Reported net assets: $111.0M

Series & classes (8)

Series	Class	Ticker	New
Easterly Snow Long/Short Opportunity Fund	Easterly Snow Long/Short Opportunity Fund Class C	—	Yes
Easterly Snow Long/Short Opportunity Fund	Easterly Snow Long/Short Opportunity Fund Class I	—	Yes
Easterly Snow Long/Short Opportunity Fund	Easterly Snow Long/Short Opportunity Fund Class R6	—	Yes
Easterly Snow Long/Short Opportunity Fund	Easterly Snow Long/Short Opportunity Fund Class A	—	Yes
Easterly Snow Small Cap Value Fund	Easterly Snow Small Cap Value Fund Class C	—	Yes
Easterly Snow Small Cap Value Fund	Easterly Snow Small Cap Value Fund Class I	—	Yes
Easterly Snow Small Cap Value Fund	Easterly Snow Small Cap Value Fund Class R6	—	Yes
Easterly Snow Small Cap Value Fund	Easterly Snow Small Cap Value Fund Class A	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 1.00%
Gross expense ratio: 2.84%
Management fee: 0.80%
Net expense ratio: 2.84%
Other expenses: 1.03%

Investment objective

The investment objective of the Easterly Snow Long/Short Opportunity Fund (the ?Long/Short Opportunity Fund? or the ?Fund?) is long-term capital appreciation and protection of investment principal.

Advisers

Easterly Investment Partners LLC (Advisor)