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DoubleLine Strategic Commodity Fund Opens Today.

Portfolio Manager Jeffrey Sherman to Hold September 29th Webcast on the Fund

Strategy Blends Long-Only and Long-Short Sources of Return

LOS ANGELES, Aug. 31, 2015 /PRNewswire/ -- The DoubleLine Strategic Commodity Fund (the "Fund") opens today to investors in the open-end mutual fund's I shares (DBCMX) and N shares (DLCMX). The Fund will be managed by DoubleLine Commodity LP ("DoubleLine").

The Fund's objective is to seek long-term total return. The Fund seeks to generate returns through long exposures to one or more indices of commodities, and through long and short positions on individual commodities. The Fund expects to gain these exposures primarily through derivatives contracts, securities or other instruments that provide a return tied to a commodities index, a basket of commodities, individual commodities or a combination thereof.

The Fund implements DoubleLine's Strategic Commodity strategy, which provides two distinct return sources: a long-only strategic allocation to commodities and a long-short tactical allocation to individual commodities.

For the Fund prospectus, please click on this link: http://doublelinefunds.com/documents.html

For a Fund Overview, please click on this link: http://doublelinefunds.com/funds/strategic_commodity/overview.html

Share Class Information

I shares (DBCMX): Minimum initial investment is $100,000 for regular accounts and $5,000 for Individual Retirement Accounts (IRAs). There is no annual 12b-1 fee.

N shares (DLCMX): Minimum initial investment is $2,000 for regular accounts and $500 for IRAs. There is an annual 12b-1 fee of 0.25%.

September 29, 2015 Webcast

Jeffrey Sherman, portfolio manager of the Fund, will hold a webcast at 4:15 pm Eastern/1:15 pm Pacific September 29[sup.th] to discuss the Fund's objective and investment strategies as well as answer questions from the attendees. To register for the webcast, please click on this link: https://event.webcasts.com/starthere.jsp?ei=1075451

Mr. Sherman is a portfolio manager for derivative-based and multi-asset strategies at DoubleLine Capital LP ("DL Capital"). In managing the DoubleLine Strategic Commodity Fund on behalf of DoubleLine, he is supported by the analysts and traders in DoubleLine's Cross Asset team.

"The rationale for investing in commodities has several components," Mr. Sherman said. "A broad mix of commodities historically has shown low correlations to stocks, bonds and cash. So commodities can diversify a portfolio invested in traditional asset classes. In addition, commodities can serve as a hedge against unexpected inflation. Finally, incremental returns potentially can be obtained by exploiting the term structure of prices of individual commodities."

DoubleLine

DoubleLine Commodity LP is a registered investment adviser under the Investment Advisers Act of 1940 and a registered commodity pool operator and commodity trading advisor with the U.S. Commodity Futures Trading Commission (CFTC). Its offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com.

DoubleLine[sup.] is a registered trademark of DoubleLine Capital LP.

Disclosures: The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contains this and other important information about the fund and may be obtained by calling 1 (877) 354-6311 / 1 (877) DLINE11 or visiting www.doublelinefunds.com. Please read the prospectus carefully before investing.

Mutual fund investing involves risk; Principal loss is possible.

DoubleLine Commodity LP is the investment adviser to the DoubleLine Strategic Commodity Fund. DoubleLine Capital LP is the investment adviser to each of the other DoubleLine mutual funds. The DoubleLine mutual funds are distributed by Quasar Distributors, LLC.

Diversification does not assure a profit or protect against loss in a declining market.

Correlation is a statistical measure of how two securities move in relation to each other.

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/doubleline-strategic-commodity-fund-opens-today-300135144.html

SOURCE DoubleLine
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