Originally published in
Hedgeweek
Hedgeweek: Fund governance firm DMS Offshore Investment
Services (DMS) has added Efficient Capital's CTA Index Fund to
its UCITS ICAV platform.
The fund aims to provide investors with medium to long term
capital appreciation through investment of approximately 50 per
cent of its Net Asset Value in a total return swap which is
referenced to the Efficient Capital CTA Index, and the remainder in
cash and cash equivalents. The Index is comprised of investment
funds and managed accounts traded for the benefit of such
investment funds that utilize a range of CTA strategies.
DMS has developed a proprietary UCITS V compliant ICAV platform
to provide investment managers with solutions for their UCITS
requirements to support the regulatory and fund governance
challenges that UCITS presents for US and international investment
managers doing business in Europe.