{"id":106,"date":"2003-05-22T00:00:00","date_gmt":"2003-05-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"new-firm-launches-principal-protected-note","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2003\/new-firm-launches-principal-protected-note.html","title":{"rendered":"New Firm Launches Principal Protected Note"},"content":{"rendered":"<p>TORONTO (HedgeWorld.com) &#8211; A startup Canadian hedge fund firm launched its first hedge fund &#8211; a principal protected note &#8211; and has additional funds in the works.<\/p>\n<p>  Pro-Hedge Funds Inc. launched Pro-Hedge Principal Protected Notes, Univest Series 1, a structured hedge fund linked to the performance of Univest Ltd. Socit Gnrale, Paris, is providing the 100%  principal protection for the note, which matures in December of 2010.<\/p>\n<p>  Univest is managed by Norshield Financial Group, Montreal, an alternatives manager with C$900 million (US$667 million) under management. The fund has 14 hedge funds investing in nine different  styles, said Stuart McKinnon, president and chief executive of Pro- Hedge.<\/p>\n<p>  The note is being sold through financial advisers with a minimum of C$2,500, Mr. McKinnon said. The fund is available until July 10.<\/p>\n<p>  Next up for Pro-Hedge will be a hedge fund all-star manager type of fund, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO (HedgeWorld.com) &#8211; A startup Canadian hedge fund firm launched its first hedge fund &#8211; a principal protected note &#8211; and has additional funds in the works. Pro-Hedge Funds Inc. launched Pro-Hedge Principal Protected Notes, Univest Series 1, a structured [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-106","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=106"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/106\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}