{"id":2867,"date":"2004-12-06T00:00:00","date_gmt":"2004-12-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"florida-hedge-fund-firm-sends-its-profits-to-charities-around-the-world","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2004\/florida-hedge-fund-firm-sends-its-profits-to-charities-around-the-world.html","title":{"rendered":"Florida Hedge Fund Firm Sends its Profits to Charities Around the World"},"content":{"rendered":"<p>  American Diversified Funds spreads it fortune to the less fortunate<\/p>\n<p>  NAPLES, FL. American Diversified Funds (ADF), Inc. is giving away up to 50% of the firm\u00c3\u00af\u00c2\u00bf\u00c2\u00bds profits, which is the maximum allowable by the IRS, to U.S.-based and international charities. ADF is an  investment management firm that has its world headquarters in Naples, Florida with additional offices in Cape Town, South Africa and Leatherhead, England. It provides high-net-worth individuals and  institutions with alternative asset class investments specializing in managed futures and hedge fund of funds investments. The firm\u00c3\u00af\u00c2\u00bf\u00c2\u00bds commitment to charitable organizations has been integral to its  operating mode and mission.<\/p>\n<p>  \u00c3\u00af\u00c2\u00bf\u00c2\u00bdWe look at this activity as being core to our corporate governance and operational philosophy, related Robert Biggs, American Diversified\u00c3\u00af\u00c2\u00bf\u00c2\u00bds President\/CEO. \u00c3\u00af\u00c2\u00bf\u00c2\u00bdIn the past, we have committed ourselves  to supporting humanitarian, educational, medical, missionary and minority-orientated charities. For 2005, we will continue to demonstrate not only our corporate responsibility, but also our moral  philosophy, by giving away a substantial portion of the firms profits to those who are in need\u00c3\u00af\u00c2\u00bf\u00c2\u00bd, Biggs added.<\/p>\n<p>  Combining its former historical charitable activities with its future investment management performance, ADF is creating the same opportunity for any new U.S based, or offshore domiciled investor.  This is how the program works:<\/p>\n<p>  When an investor commits to one of ADF\u00c3\u00af\u00c2\u00bf\u00c2\u00bds funds, the firm will waive the management and incentives fees for that particular client. \u00c3\u00af\u00c2\u00bf\u00c2\u00bdGiven the fact ADF normally receives a 2% management fee, in  addition to 20% of the profits generated, the amount of the charitable contribution can be quite substantial\u00c3\u00af\u00c2\u00bf\u00c2\u00bd, Biggs goes on to say, \u00c3\u00af\u00c2\u00bf\u00c2\u00bdeach client must meet a contribution threshold in order for ADF  to become its charitable partner. As a safeguard feature to the client, each program participant retains ownership of their respective capital.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n<p>  \u00c3\u00af\u00c2\u00bf\u00c2\u00bdWhile the fund will maintain its normal admin fee schedule, all earmarked profits go to a designated charity\u00c3\u00af\u00c2\u00bf\u00c2\u00bd, Mr. Biggs continues. \u00c3\u00af\u00c2\u00bf\u00c2\u00bdWe invite institutions to call us to discuss how a charitable  partnership can be implemented between them and ADF. Likewise, we encourage accredited investors to call us to support their favorite charity. ADF will also entertain adding charities, provided  they meet certain operating standards and causes\u00c3\u00af\u00c2\u00bf\u00c2\u00bd, Biggs concluded.<\/p>\n<p>  American Diversified\u00c3\u00af\u00c2\u00bf\u00c2\u00bds global market participation adheres to strict risk management controls, thereby providing investment returns through near-zero correlation of our 39 global managers, 28  represent hedge fund sectors and 11 represent managed futures. Collectively, they help reduce risk, reduce volatility and, when allocated properly, enhance returns.<\/p>\n<p>  Through international alliances and partnerships, ADF has the ability to offer a principle-protected product, in addition to featuring a performance hurdle of 10%. As a result of its portfolio  managers having over $12B under management, ADF has the capability to customize, or private-label, a fund of funds or managed account product for any government or corporate pension fund, college  endowments, private foundation, financial institutions, or any consulting\/investment practice for high net-worth individuals.<\/p>\n<p>  For more information on how an institution, or accredited investor can participate in American Diversified\u00c3\u00af\u00c2\u00bf\u00c2\u00bds year-ending 2004 and forthcoming 2005 charitable programs, please contact Mr. Robert  Biggs, President\/CEO at (239) 514-4929, or email him at Robert@americandiversifiedfunds.com. For more information on ADF, go to www.americandiversifiedfunds.com.<\/p>\n<p>  Contact information:<\/p>\n<p>  Mr. Robert Biggs,<br \/>  President\/CEO<br \/>  American Diversified Funds, Inc.<br \/>  2180 Immokalee Road, Suite 301<br \/>  Naples, FL 34110<br \/>  Office: (239) 514-4929<br \/>  Fax: (239) 514-4919<br \/>  Email: Robert@americandiversifiedfunds.com<br \/>  www.americandiversifiedfunds.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American Diversified Funds spreads it fortune to the less fortunate NAPLES, FL. American Diversified Funds (ADF), Inc. is giving away up to 50% of the firm\u00c3\u00af\u00c2\u00bf\u00c2\u00bds profits, which is the maximum allowable by the IRS, to U.S.-based and international charities. [&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-2867","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2867","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=2867"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/2867\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=2867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=2867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=2867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}