LGT Capital Partners has successfully launched a Chinese Yuan (CNH) share class for its Crown Managed Futures fund (CMF). Investors now have access to LGT Capital Partners’ flagship managed futures strategy while benefitting from the Chinese Yuan’s compelling macro position, its appreciation and continued market development.
Thomas Weber (pictured), Partner at LGT Capital Partners, says: “The launch of the Chinese Yuan (CNH) share class reflects our commitment to innovation and our ability to structure solutions to meet client demands. It complements other denominations including the Crown Managed Futures Gold share class, which was created in March 2008 and has achieved an annualised net performance in USD of 18.0% since inception to September 2011.”
Launched in October 2000, Crown Managed Futures is one of the world’s oldest CTA/Managed Futures multi-manager programs. Since inception, it has generated an annualised net return of 8.6%, compared with -2.8% for the MSCI World. With USD 2.2 billion (trading level) of allocated assets it is also one of the world’s largest. Crown Managed Futures’ investors benefit from the program’s proprietary managed account platform, which enables full transparency on more than 450 instruments held by its 16 managers. It combines access to the best CTAs/Managed Futures managers globally with active portfolio management to quickly respond to changing market conditions and strict risk management.