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AAM launch new Tranche of Capital Guaranteed Currency FX Fund
(28/09/2006)
Using their acclaimed strategy, the Absolute Guaranteed FX fund from Absolute Asset Management, trades in the foreign exchange market, the single largest market in the world with volume of some US$1.9 trillion per day. In addition to its size, the FX market is open 24 hours thus ensuring more opportunities, less risk and a level playing field to all participants.
The AAM guaranteed FX fund
allows access to this high yield market whilst protecting the
investors capital and 'locking-in' 25% of all annual gains made.
How is my capital protected?
The fund will invest in
medium term notes that are capital protected at maturity. Such notes will be
issued by a financial institution rated Aa1 by Moody's and AA+ by Standard & Poor's.
Additionally, this new tranche of the fund
introduces the prospect of rising the guarantee by way of profit lock-in. Each
year, 25% of all new gains are' locked-in', thus raising the minimum guaranteed
return every year.
What are the likely returns?
The targeted annual returns for the fund are 9-10%. This is based on actual performance achieved
which have averaged 9.38% per annum since launch.
The guaranteed FX fund has no correlation to
the stock markets or other asset classes and, as such, is a valuable component
to a well balanced portfolio.
What is the minimum investment?
The Absolute Guaranteed FX
is available in
US$, GBP and AUD. The minimum direct investment is $25,000 or currency equivalent.
The fund can also be accessed through most offshore investment and personal portfolio bonds at the minimum level of the specific bond.
As it reacts in a different way to other asset classes, it is a valuable component of a well balanced portfolio.
Can I withdraw my money early?
The Absolute Guaranteed FX
is a monthly priced fund but unlike certain other guaranteed offerings allows
monthly access to the Fund. Consequently, investments are not tied-in for the
full 5 years of the investment term. However, there is no capital guarantee if you withdraw your investment before the maturity date.
How do I subscribe?
A full prospectus and offer
document can be requested from Candour Consultancy. The fund is offered until
the 15th December 2006 but we believe it will become fully subscribed before
this date. Should you require further
information on the fund, just
click here to provide us with your preferred contact details. We will then send you a more detailed fact-sheet on the fund
and answer any queries you may have.
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