Arch Financial Products, a financial services company, has announced inflows of GDP40m into the recently launched CF Arch cru Finance Fund.
Arch Financial Products, a financial services company, has announced inflows of GDP40m into the recently launched CF Arch cru Finance Fund.
Launched on 11 November 2008, the fund aims to conserve investor capital while providing absolute returns above the Bank of England base rate. Since launch, the fund has made returns of 1.47 per cent.
The fund gains exposure to short to medium term private finance deals and targets absolute returns from a diverse range of specialist debt investments.
Arch acts as investment managers to the fund, with cru Investment Management having responsibility for its retail distribution.
The fund is designed to offer retail investors low risk exposure to private markets. The fund targets annual returns of at least two per cent above cash and has a targeted annualised volatility of less than three per cent (about half that of bonds historically).
The fund has a minimum investment of GDP1,000.
‘The amount of investment this fund has taken in since its launch in November is reflective of current investor sentiment,’ says Arch chief executive Robin Farrell (photo). ‘People are looking for a safe haven that presents a low-risk opportunity in the current environment, while still providing a good rate of return. The Arch cru Finance Fund is designed to deliver exactly that.’
‘Our track record, and the returns we have generated across our range of funds, has confirmed our ability to achieve positive returns in even the most difficult of environments. The inflows thus far prove our investors’ faith in Arch to manage this fund through the challenges in 2009 and beyond.’
Marc Ainscough, managing director of cru Investment Management, adds: ‘We launched the fund to capitalise on IFA demand for a low risk investment vehicle ideally placed to capture returns in the current market. With traditional asset classes exhibiting close correlation, the availability of an asset class offering genuine diversification is vital to IFAs in building investment portfolios.’
Initial charges on the fund have been waived until 31 January 2009.
