Curzon Alternative Investments has launched a Swiss franc share class for its Traded Options Fund.
The Bermuda-domiciled OEIC, which was launched in June 2011, employs a strategy of selling options on the FTSE 100 index and selected FSTE 100 stocks. Curzon said the fund has shown “consistent positive returns” since its launch. According to the company’s factsheet, the fund was down 0.99% over six months, but up 6.64% over the three months to the end of January 2012.
Curzon said the fund has attracted substantial retail investment since launch, and is available through all major platforms and international life offices.
The company added that demand from international IFAs and European investors looking to diversify away from the euro, led it to launch the additional share class. It was made available on 1 February.
Marketing director for Curzon, Charlie Goldsmith, said: “We are pleased to offer a CHF share class as an additional option to the increasingly popular Curzon Traded Options Fund. This has come about from escalating demand from both brokers and investors not just in the Swiss communities but globally as clearly, for many, investing into this currency offers a diversified and potentially safer alternative within a portfolio.”
Minimum investment is £10,000 (CHF10,000), with an initial charge of between 1% and 3% and an annual management charge of 1%.