Affinity Consulting Group

Investments

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Affinity Consulting Group  

FPIL Thames River Mainstay Fund

A low risk multi manager hedge fund that invests predominantly in non-directional managers, i.e. the underlying managers have portfolios of long and short securities where there is some economic relationship between the long securities and the short securitiescombines complementary yet uncorrelated investment styles, each of which can profit whatever the direction of global stock and bond markets. It aims to achieve low volatility with constant positive returns.

This fund is a weekly trading mirror fund (mirror fund range) and is run along similar lines to the monthly traded Thames River Sentinel Fund. The Thames River Mainstay Fund is available through Friends Provident International Ltd. The advantage of using the Mainstay fund is that it is available as a mirror fund and so your money can be switched in and out at NO COST, as frequently as you choose.

Hedge funds provide a balance to equities, as their performance is not correlated to equity markets. The Thames River Mainstay Fund combines complementary yet uncorrelated investment styles, each of which can profit whatever the direction of global stock and bond markets. The fund is designed to absolute returns. It has higher returns that the Momentum All Weather Fund but also has higher volatility.

Objective:

  • Produce absolute returns with low correlation to equites or bonds.
  • Target return: outperform bonds (Lehman Aggregate Bond Index)
  • Target risk: lower than bonds (Lehman Aggregate Bond Index)
  • Target loss period: No losing 6 months
  • Target maximum drawdown: <5% (note targets are not guaranteed)
  • Sentinel aims to achieve consistent absolute returns by investing in a well diversified portfolio of hedge funds.
  • No correlation to stocks, bonds or currency markets so that it will provided consistent returns regardless of sudden market movements.

Track Record: The fund has achieved growth rates better than cash deposits and although it has some volatility it has not had a loosing 12 month period.

Other Details:

Management Fee:

1.5% p.a. + 5% Incentive fee (high watermark)

Currency:

USD & GBP

Dealing:

Weekly Latest fund prices

This fund may go down in value as well as increase. This risk is reduced the longer the investment is held. Past performance is no guarantee of future performance.