Thursday, 27 August 2015
Last updated 20 min ago
Sep 7 2007 | 10:08am ET
Zug, Switzerland-based fund of funds shop Salus Alpha Management is launching the Salus Alpha Equity Hedged Fund, which will invest in an index comprising up to 30 long/short equity managers. The subscription period for the new offering ends today.
The Salus Alpha Equity Hedged fund invests in the Long/Short Equity Index, a global investible benchmark, with funds selected from the Alternative-Index, which is also part of the Salus Alpha group and produces six hedge fund indices calculated by the Vienna Stock Exchange.
According to Salus Alpha, the Long/Short Equity Index has produced an annual return averaging around 16% since 1997, with a volatility of about 3%. The new fund will target returns of between 10% to 12% per annum and is available in dividend-paying and non-dividend-paying share classes.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…