Matrix has launched a closed end version of its open ended Asset Based 2 fund. The fund of funds...
Matrix has launched a closed end version of its open ended Asset Based 2 fund. The fund of funds invests in 28 underlying asset-backed lending managers who provide financing for mid-range companies. The fixed rate of interest generated by the loans gives superior non-correlated risk adjusted returns, according to Matrix. The new launch, Matrix Asset Based 2 Closed End Fund, will invest all of its assets in the retail sterling shares of Matrix Open Ended Asset Based 2. The new fund will be the third closed end fund in the Matrix range following on from Matrix Horizon Closed End Fund ...
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