GAIM Advisors Ltd (GAIM) is to launch a new Swiss Franc (CHF) share class for the GAIM Hedge Fund to accompany the existing USD, EUR and GBP classes.
Demand from GAIM Advisors' client base in Switzerland and a positive investment climate in the Swiss market has prompted the new share class. It will offer Swiss investors a potentially higher yield alternative to Swiss Franc cash investments and the opportunity to diversify their portfolio using an asset class that is expected to outperform Swiss Franc bonds, but with the advantages of reduced risk compared with investments in equities and no exposure to currency value fluctuations.
The GAIM Hedge Fund offers investors diversified, multi-strategy exposure via investment in the following strategies: Event-Driven; Long/Short Equity; Fixed Income Arbitrage; Global Macro; Multi- Strategy; Equity Market Neutral; Managed Futures; Convertible Arbitrage; and Emerging Markets. The
fund is listed on the Dublin Stock Exchange and has assets under management well in excess of CHF 300 million.
"The launch of the Swiss Franc class of shares will accommodate the requirements of our Swiss clients," says Simone Boria, managing director - sales and marketing, GAIM Advisors. "The GAIM Hedge Fund has performed well in 2005 and this share class facilitates these investors' participation in the success of the fund, whilst offering the benefits of using their national currency."
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