Matrix Hedge Funds has announced it is to pay out strong half-year dividends for its range of funds of hedge funds.
The company has five funds of hedge funds that offer a share class where all of the growth is paid out as income on a half yearly basis.
The following dividends have been declared and will be paid in early July. The yield is based on a 100p share price.
|Dividend to be paid||Yield|
|Matrix Bastion Fund||4.570 pence per share||4.57%|
|Matrix Conservative App Strategy Fnd||9.479 pence per share||9.48%|
|Matrix Horizon Fund||6.910 pence per share||6.91%|
|Matrix Orbit Fund||6.290 pence per share||6.29%|
|Matrix Generator Fund||3.285 pence per share||3.29%|
'We have designed a special distributor class of share which enables investors who like to take growth as income to benefit from the attractive returns that hedge fund of funds can generate,' says Bridget Guerin, Director of Matrix Alternative Investment Strategies Fund. 'The last six months has been an especially strong period of performance and has resulted in some high payments to be made in early July.'