The LODH Multiadvisers has launched a new fund, the Latin America Equity Long/Short Fund which invests – through a selection of talented local managers – in hedge funds who follow a Long/Short strategy in the Latin American equity markets. The fund was launched June 1, 2006 and after less than two months in existence, the Fund’s assets have reached USD 50 million and are invested in close to 13 different managers, mostly located in Brazil. There is currently a USD class of shares as well as a EUR class of shares hedged against the currency risk. As with the other sub-funds of LODH Multiadvisers, the investment management fee is 1.5% p.a. (no performance fees). The Swiss Federal Banking Commission has reviewed the investment policy and investment restrictions of this new Fund which are set out in the Prospectus of LODH Multiadvisers dated June 2006 and has authorised its distribution from 17 July 2006. LODH has once more distinguished itself in the field of alternative investments whilst launching one of the first single-strategy, multi-managers funds of hedge funds investing in Latin America.
LODH Multiadvisers – Latin America Equity Long/Short particulars:
- Legal structure: SICAV
- Domicile Luxembourg
- Registration LU, CH
- Investment adviser LODH & Cie
- Administrator/Cust CACEIS Bank Luxembourg
- Auditor PwC
- Currencies USD & EUR
- Telekurs USD 0025402020
- EUR 0025402040
- Subscription Monthly (3d)
- Redemption Monthly (redemption notice 40-day written notice)
- M/M Investment USD/EUR 20,000
- Fund Managers Frederic Lebel, CFA – Oscar Tuti, CFA – Maurice Martignier, CFA
For all additional information on LODH Alternative Investments, this Fund and/or copy of the prospectus. contact is LODH-Information Desk +4122 709 9670 or by e-mail to [email protected]
