MAS has authorised Man AHL Trend for general distribution in Singapore.
This fund will give 100% exposure to the AHL Diversified program, and for the first time its offering will NOT be restricted to Accredited Investors (investors with at least $300,000 annual income or $2 million personal assets) only. It will have a minimum investment of SGD 20,000.
The fund is a UCITS III fund offering weekly liquidity in a hedged SGD shareclass.
AHL Diversified program has achieved 278.9% return since launched. You can contact us for professional advice on investing in this fund
Source Man Investments. Note The chart is expressed in log scale to uniformly illustrate percentage changes each month. It shows the actual trading results of Man AHL Diversified plc. It is not designed to predict or forecast the future performance of the AHL Diversified Program. The fees that will apply to an investment in each Man fund will be in accordance with those set out in the relevant Prospectus and may be different from the fees payable by Man AHL Diversified plc. The final weekly valuation is used to calculate the monthly return of Man AHL Diversified plc. As there was no weekly valuation in March 1996, the first monthly return shown is for April 1996. Performance figures are calculated net of all fees as at 30 June 2010. Past performance is not a reliable indicator of future performance.
The initial offer period will 1-26 November, and thereafter dealing will be on a weekly basis. The fund to is expected to be moved to daily dealing in early 2011.
According to Thomson Reuters, Man AHL is the best performed Singapore registered hedge fund YTD
Singapore Registered Hedge Funds Best Performers (YTD) (Source: Thomson Reuters, The Edge Singapore Oct 11, 2010)
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