A range of eight funds of hedge funds from Matrix Money Management that are specifically designed for the UK financial adviser market have now been made available through the wrap platform
A range of eight funds of hedge funds from Matrix Money Management that are specifically designed for the UK financial adviser market have now been made available through the wrap platforms of Nucleus, Funds Direct and James Hay (Abbey).
Bridget Guerin, managing director of Matrix Money Management, says: ‘Wrap platforms are becoming essential tools for both IFAs and wealth managers, and we are pleased we have been able to increase the number of wraps that now accept Matrix funds of hedge funds to five.’
The Matrix range of funds of hedge funds includes the Bastion Fund (managed by Gottex), the Conservative Approach Strategy Fund (managed by Tremont), the Horizon Fund (managed by Collingham), the Orbit Fund (managed by Montier), the Asset Based Fund (managed by Gottex), the Asset Based 2 Fund (managed by Stillwater) and the Asian Property Income Fund (managed by ARA).
All of the funds offer monthly dealing and pay initial commission to financial advisers, with a share class for each of the funds that pays trail for those advisers who take trail commission. The minimum investment is GBP10,000, the funds are suitable for SIPPS, SSASs and offshore bonds.
