Matrix to launch feeder fund into Winton Futures

Matrix Group is launching an offshore Oeic giving high-end, discretionary investors access to the $4...

Matrix Group is launching an offshore Oeic giving high-end, discretionary investors access to the $4.6bn Winton Futures fund. The Bermuda-domiciled Ascension fund became available to investors on 1 April, with no set performance objective beyond long-term capital growth from a portfolio of 120 monthly redeemable futures and options. Ascension Plan 2 ends in October 2011 and guarantees shares at 96p if held to maturity. It invests almost entirely in the Winton fund's Sterling D class shares, with a 0.5% cash holding, and is listed on the Irish Stock Exchange. At the end of February, ...