Cazenove UK Absolute Target Fund is a new type of investment fund which is designed to actively deliver a positive return, irrespective of the equity market. Following changes to the investment regulations, fund managers now have greater investment powers. This will allow fund managers to launch funds which not only have the potential to profit from rising share prices (long positions), but use investment techniques so investors can also benefit from falling share prices (short positions).
Cazenove UK Absolute Target Fund invests broadly in both long and short positions which means that the fund has the potential to deliver a positive return regardless of the prevailing economic conditions (and equity market) and volatility which will be significantly less than a traditional equity fund or the stock market.
- Targets 8-10%* net return per annum, irrespective of the equity market
- Fund Size - £204 million
- Fund Launched - July 2008
- Minimum Single Investment - £1,000
- Available in ISA
- Available for ISA Transfers -
*There is no guarantee that either the target or positive returns will be achieved.