Tadaoki Kokusai, a multi-platform wealth and asset management firm, has launched the Responsive Alternative Strategies Fund, a hedge fund replication fund which the company says complements its existing hedge fund, private equity, real estate, and diversified alternatives offerings.

Tadaoki Kokusai says the new mutual fund offers daily liquidity and a way for investors to access a wide range of alternative strategies that may be used to supplement traditional equities and fixed income investing.

The fund uses Tadaoki-Kokusai’s hedge fund replication approach, which aims to create returns based on basic underlying hedge fund strategies. The firm says the fund will be actively managed in order to identify new avenues and manage risk while also providing exposure to additional non-traditional return sources.