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Dunn Capital to launch a Ucits III on the MontLake Platform

Monday, May 09, 2011
ML Capital has announced that DUNN Capital, one of the world’s leading commodity trading advisors with a current AUM of over $1B, will soon launch the DUNN WMA UCITS Fund on the MontLake UCITS Platform. WMA (World Monetary and Agriculture) DUNN’s flagship long-term trend-following program, has experienced an annualized return of 14.61% from its inception in 1984.

John Lowry, Chairman of ML Capital said, “We are delighted about this launch. DUNN has by most metrics outperformed the largest Commodity Trading Advisor (“CTA”) firms in the world, and the objective of the MontLake UCITS Platform is to deliver access to leading alternative strategies providers. At present, US based CTAs are in short supply within a UCITS structure and are very strongly demanded as indicated by our recent UCITS Barometer market survey.

Marty Bergin, President of DUNN Capital Management, LLC said “We are pleased to provide the European investment community access to our WMA Program through a UCITS-compliant vehicle. ML Capital, with it’s expertise in fund compliance and distribution, has been invaluable in structuring the DUNN WMA UCITS Fund, and we are delighted to launch the fund on their MontLake UCITS platform.”

UCITS are liquid, transparent and easy to access, and therefore provide an ideal asset allocation tool for investors. The WMA UCITS fund is expected to launch on the 1st of July 2011, subject to regulatory approval.

Source

Press Release
bc

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