Theta Legends XL Fund is the first Dutch fund of hedge funds with a listing on NYSE Euronext Amsterdam (symbol: THXLE). The fund offers investors the option to trade shares in Theta Legends XL Fund on a daily basis and provides easy and fully transparent access to a portfolio of investment managers, with better liquidity than usual.
Theta Legends XL Fund invests globally in a select group of alternative investment funds with a minimum track record of 15 years and proven skills to generate consistent absolute returns under varying market conditions. The target return of Theta Legends XL Fund is around 10% per annum, and with a consistent low correlation to equities and bonds, Theta Legends XL Fund adds value to any traditional investment portfolio.
Wouter ten Brinke of Theta Capital Management, says: “After the financial crisis of 2008, hedge fund investors have significantly increased their demand for transparency, simplicity, and liquidity. Theta Legends Fund meets all these demands - and more. With our extensive industry network and longstanding relationships with the underlying hedge fund managers, we offer access to legendary managers often closed to other investors. These managers also have superior risk management skills and a best-in-class operational infrastructure. This unique combination of factors explains the success of Theta Legends Fund, in the Netherlands and abroad.”
Theta Legends XL Fund is the sister fund of Theta Legends Fund, which was launched on February 1st 2010. This fund has generated a return of more than +12% since launch and was recently nominated for the InvestHedge Awards 2010 in the category “New Fund of the Year”. Besides Theta Legends Fund, Theta also manages Theta Multistar Medium Volatility Fund and Theta Deep Value Fund.