SELECT Launches Retail Futures Fund

Mar 27 2007 | 12:25pm ET

Sydney, Australia-based SELECT Asset Management has teamed up with U.K.-based Aspect Capital to launch a retail managed futures fund, the Select Futures Fund.

The Futures Fund seeks to exploit price trends in over 80 global futures markets, including bonds, currencies, interest rates, stock indices, agricultural and energy and metal markets, according to Brendan Foley, SELECT’s managing director.

“While investors have had limited access to managed futures as an alternative investment in the Australian marketplace, this has generally been via higher fee capital guaranteed products or listed investment companies, which can trade at a discount to their net asset values,” said Foley. “Whereas the Futures Fund is a registered managed fund offering pure exposure to this investment area and providing investors with weekly liquidity at full net asset value.” 
 
The Futures Fund is available to investors via retail master trust and wrap platforms and is also available directly with a minimum investment of $25,000.

In addition to Aspect Capital, SELECT’s other investment partners include: Gottex Fund Management; Baker Steel Capital Managers; and Barwon Investment Partners Pty.

SELECT was formed in June 2002 by co-founders Foley, Dominick McCormick, Clayton Freind, Roger Campbell and David Yale.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...