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B. G., Opalesque Geneva: Insch Kintore, a UK-based systematic fund manager that specialises in gold trading, is launching today a new sub-fund which will be distributed by Oneworld, a Cyprus-based AIFM.
The new sub-fund will be powered by the multi-award-winning Insch Kintore XAU/FX strategy. The investment objective of this strategy is to achieve capital growth in both favourable and unfavourable market conditions using an algorithmic, trend-following methodology. Kintore is directionally agnostic and may be either long or short gold vs. USD, EUR, JPY, GBP, CHF, AUD and CAD.
From its inception in February 2015 to the end of 2022, the $40m Insch Kintore XAU/FX strategy returned over 75% net of the 2/20 fees.
There will be a month-long Initial Offering Period from 9th January to 14th February 2023 during which shares will be offered at a minimum investment amount of US$100,000 (or equivalent in other currencies). Shares in the open-ended Kintore sub-fund will be priced and published daily with T+2 liquidity. Investment and liquidity are via ISIN: CYF000002693. Trading will start in February.
"The structure, daily liquidity and extremely low expenses make this fund very attractive to experienced and professional investors," said Christopher Cruden, developer and owner of the Kintore strategy.
"Since inception, the Kintore strategy has outperformed gold and gold equities and gold funds by a ratio of more than 2:1 - and has done so with ...................... To view our full article Click here
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