Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Simple Alternatives Offers Not-So-Simple Fund Not Rated 1.0 Email Routing List Email & Route  Print Print
Wednesday, October 6, 2010

Simple Alternatives Offers Not-So-Simple Fund

News summary by MFWire's editors

Rookie mutual fund shop Simple Alternatives is making headlines with its first product: a mutual fund of hedge funds.

The firm's new S1 Fund reportedly offers institutional investors access to a concentrated portfolio of between eight and 10 underlying hedge fund managers, but with mutual fund-like liquidity terms and fees. The new fund, which debuted on Monday, reportedly charges just 2.95 percent and offers daily redemptions without notice.

In an interview, CIO Bruce MacDonald said the offering, unlike other mutual funds that have a hedge fund strategy, invests only in institutionally-oriented hedge funds such as Argonaut Capital Management and Courage Capital Management. 

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use