UK - Hedge fund manager Man Group has launched a capital guaranteed fund, which aims to provide investors with annualised returns of 14-16%.
Man’s AP Unison fund will consist of allocations to a number of hedge fund strategies, including arbitrage, managed futures, directional, equity hedge and long/short equities investment styles.
The firm explained that because the correlation between these investment styles was low, the fund would be able to produce a stable return stream with low levels of volatility.
The capital guarantee will be provided by German banking giant WestLB, and will ensure investors receive at least 100% of their original investment when the fund matures.
Man Group managing director Christoph Moeller said: “Man AP Unison offers investors the opportunity to take advantage of a versatile product that contains an impressive array of investment styles.
“This is an excellent choice of product for any level of investor on the basis that it has valuable portfolio diversification properties, a built-in guarantee and the capability of sustaining solid gains over the medium-term.”
The fund will be available to investors up to June 13.
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