Multi-Strategy Currency Programme
The Multi-Strategy Currency Fund offers access to a broad range of Overlay Asset Management's currency strategies, encompassing developed markets, emerging markets, and currency options markets. To achieve this, the Multi-Strategy Fund invests in three underlying funds that are also managed by Overlay Asset Management (OAM):
- SingleHedge Currency Fund Plus (developed market currencies) - strategy launch date: Apr 2003
- SingleHedge Emerging Markets Currency Fund - strategy launch date: Nov 2007
- SingleHedge Currency Options Fund - strategy launch date: Jun 2009
All three of the underlying funds are designed to generate attractive, risk-adjusted absolute returns by taking active positions in currency markets.
The Multi-Strategy Fund invests in the F shareclass (zero management and performance fee) of each of the underlying funds.
The three underlying funds exhibit low correlation to one another, and as such, the Multi-Strategy program is expected to deliver the maximum risk diversification, broadest investment universe and range of investment strategies, and therefore, the highest information ratio (risk adjusted returns), of all of OAM's currency funds.