Tuesday, 30 August 2016
Last updated 19 hours ago
Jun 27 2007 | 12:20pm ET
After two years managing a global macro strategy in separately managed accounts, Camelot Global Investment is ready to make the strategy available in a fund format via Camelot Global Investment I Fund in September.
The Camelot fund trades on global economic developments, cycles and events, according to fund documents. The fund analyzes stocks, political and social environments and conducts “continuous observation of harvesting weather.” It will also invest in futures markets.
Since inception in April 2005, each year the strategy has returned 80.51%, 55.56% and 21.35% respectively, year-to-date. The fund is managed by Merlin Global Enterprise AG.
The new offering charges fees of 1.6% for management and 30% for performance with a minimum investment management of US$100,000.