The Abbey Capital Futures Strategy Fund, alternative investment manager Abbey Capital’s first liquid alternative mutual fund, which launched on 1 July 2014, has surpassed USD250 million in assets under management as at 30 September 2015.
The fund, which has returned over 22 per cent since its inception, offers individual and institutional investors access to a multi-manager managed futures mutual fund, comprising leading managed futures managers, and leveraging Abbey Capital’s expertise in manager selection, portfolio construction and risk management.
“The performance of the Fund since inception shows its value for investors as part of a diversified portfolio,” says Tony Gannon (pictured), CEO of Abbey Capital. “The increase in assets is an indication of the increased investor interest in managed futures in order to provide an uncorrelated return source for their portfolio. We are also delighted that the Fund is available on multiple platforms giving investors access to this unique offering.
“We believe one of the attractions of managed futures has been its ability, historically, to provide valuable diversification for portfolios.
“At Abbey Capital, our focus is to provide cost efficient investment products, which aim to deliver superior performance combined with strong risk management. The Fund has a transparent fee structure, with a net expense ratio of 1.99 per cent (Share Class I), including all Abbey Capital and sub-advisor management fees. A key differentiator for the Fund is that there are no performance fees at any level.”
The fund seeks to deliver positive absolute returns through a managed futures strategy and a fixed income strategy. Abbey Capital allocates to the Fund’s underlying managers through its proprietary managed account platform in order to gain exposure to a range of trading strategies executed across foreign exchange (“FX”), financial and commodity futures markets.