HedgeWeek – London-based manager Matrix Group says its five funds of hedge funds that offer a share class where all of the growth is paid out as income half-yearly have delivered good dividend payments for investors thanks to strong hedge fund returns over the six-month period to the end of October.
‘We have designed a special distributor class of share that enables investors who like to take growth as income to benefit from the attractive returns that funds of hedge funds can generate,’ says Bridget Guerin, managing director of Matrix Money Management and a director of the Matrix Alternative Investment Strategies Fund, the umbrella fund for all the Matrix funds of hedge funds.
‘The returns also compare well against the FTSE All Share total return index, which rose by 3.98 per cent between May 1 and October 31, and the FTSE 5-15 Year Gilt total return index, which increased by 3.36 per cent.’
