New York (HedgeCo.net) – Geneva based hedge fund asset manager, Palaedino Asset Management, advisor to the Axiom Fund, is launching the world’s first UCITS Funds denominated in Gold.
Investors who choose the Gold Share Class will have simultaneously an exposure to the fund’s investments and to Gold fluctuations. In other words, this will allow investors to participate in the performance of the Funds and Gold while being isolated from fluctuations in conventional currencies such as euros, US dollars and sterling.
The new Gold Share Classes will be available to the full range of Axiom products which includes: Global Equities, Global Fixed Incomes, Global Diversified and the newly launched UCITS Alternative Investable Index Fund.
Although it is still reserved for institutional clients, the Axiom Fund will shortly be registered in a number of European countries, including Switzerland, which will enable it to be accessible to the general public.
Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!
