Pro-Hedge Funds unveils its Energy Fund of Funds

West Palm Beach, FL ( www.hedgeco.net ) – Pro-Hedge Funds, has announced it is introducing its diversified Pro-Hedge Fund Multi-manager Energy Hedge Fund. According to the pressrelease, the fund is the first, “such fund to be launched in the Canadian marketplace. Specializing in the North American Energy and Utility sectors, the fund is widely diversified in its strategies,sectors and security types, and is designed to take advantage of this top performing energy sector.”

Pro-Hedge Funds President and CEO Stuart McKinnon said, “We continue to hand-pick the best of the best, and are thrilled to be able to offer exclusive access to some of Canada and the world’s best money managers. Initially allocated amongst 7 managers utilizing 6 strategies, our multi- manager energy fund is designed to optimize portfolio performance with substantially reduced volatility.”

John Stephenson, a second manager with the new Pro-Hedge energy hedge fund said, “Energy is front page news – and with good reason. The world is facing unprecedented challenges and opportunities in its search for sustainable hydrocarbon resources or alternatives. Now, more than ever, investors are looking to the energy sector for the growth component of their portfolios. We are delighted to be partnering with Pro-Hedge Funds Inc., a recognized leader in the hedge fund community, to offer investors a truly unique approach to energy investing. The Pro-Hedge energy fund offers investors a diversified approach to global energy investing – one that maximizes return while mitigating risk.”

In his statement, Pro-Hedge Vice President, and Portfolio Manager Les Grober said, “We believe now is an excellent time to bring this fund to market. Despite what has been a great environment for investors who have been long the energy sector, we are now at a point where volatility will likely rise regardless of the future direction of prices.” Grober added, “this creates a more advantageous environment for hedge funds relative to long only managers. We have structured the portfolio with this view in mind and as a result, investors will now be able to participate in a far more diversified portfolio of underlying managers and strategies in both the energy and utility sectors.”

Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net

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