WEST PALM BEACH, FL (HEDGECO.NET) – A new Canadian hedge fund with a 100% capital guarantee has been launched. According to a press release by Pro-Hedge Funds Inc., the new fund, the GIS Series 1 hasbecome the first hedge fund launched in North America which does not charge a management fee unless the fund delivers a positive return.
Stuart McKinnon, CEO and President of Pro-Hedge Funds Inc., said “This is simply an excellent investment opportunity for Canadians to access a fund with a nine-year track record of 13% per year with only five down months,” McKinnon added, “This kind of annualized performance is what gives us the confidence to offer the No-Fee Guarantee, and should definitely be of interest to any prudent long-term investor.”
The new fund charges a low minimum investment of $2,500 to investors interested in the strategy. The fund consists of eight styles and 25 managers, according to the press release, the new strategy �provides a true alternative investment approach, avoiding equity directional managers. Volatility is anticipated to be less than one fifth (1/5th) that of the S & P 500.�
The annual management fee is 1.5 per cent or .375 per quarter – but only if fund performance remains positive during that quarter.
Pro-Hedge Funds Inc. brings together some of the world’s leading investment managers to create unique investment products for Canadians. The company�s investment philosophy emphasizes capital preservation combined with proven strategies that have produced consistent long-term returns regardless of market conditions, according to company�s statement. Further information could be obtained from, www.pro-hedge.com.
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
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