BluMont Capital Launches BluMont Man Multi-Strategy Series 4 Notes.TORONTO -- BluMont Capital Inc. ("BluMont") (TSXV:BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. ) is pleased to announce that its wholly-owned subsidiary, BluMont Capital Corporation, has launched the fourth series of the BluMont Man Multi-Strategy Notes ("Multi-Strategy Series 4 Notes") - a multi-manager/multi-strategy investment product from Man Investments with a principal repayment guarantee from Citibank Canada Citibank Canada is a unit of Citigroup of New York City. The Canadian unit has been operating since 1954, with Canadian headquarters in Toronto. There are also offices in Montreal, Calgary, London, Ontario and Vancouver. . With the aim of delivering double-digit annual returns with lower than equity market volatility, the Multi-Strategy Series 4 Notes are modeled upon the original Man Multi-Strategy Guaranteed Limited fund, which has an impressive four-year track record of positive returns each year since its July 2000 inception and a compound annual rate of return (net of fees) of 9.6% as of June 30, 2004. To date, Man Investments, a global leader in alternative investment solutions, has raised over US$3 billion worldwide in the Man Multi-Strategy Guaranteed Limited series through six global and nine private launches (as of December 31, 2003). In Canada, BluMont has raised over C$195 million through its previous offerings of the BluMont Man Multi-Strategy Notes and over C$342 million in all BluMont Man offerings since March 2003. Capital invested in the Multi-Strategy Series 4 Notes will be initially allocated to a wide range of alternative investment strategies that can be categorized into six broad styles - managed futures Managed Futures In the context of hedge funds, a style of management that focuses on short-term trading in the futures market. , arbitrage, fund of hedge funds A fund of hedge funds is a fund which invests in several different hedge funds to spread the risks. Funds of hedge funds select hedge fund managers and construct portfolios based upon those selections. , equity hedge, long/short equities and directional. These strategies have low correlation to each other and to traditional equity and fixed income investments, meaning the Multi-Strategy Series 4 Notes have the potential to enhance portfolio returns, reduce overall risk and provide valuable diversification benefits irrespective of irrespective of prep. Without consideration of; regardless of. irrespective of preposition despite how equity and fixed income markets perform. In addition to providing a principal repayment guarantee by Citibank Canada that guarantees the return of an investor's initial investment at maturity, the Multi-Strategy Series 4 Notes provide C$150 of investment exposure for every C$100 of initial capital invested, are 100% RSP RSP right sacroposterior (position of the fetus). eligible as Canadian content and are available to investors until November 30, 2004 for a minimum investment of only C$5,000. "The C$76 million raised in our most recent Multi-Strategy Notes offering this past July reinforces investors' strong and continuing interest for products with principal protection and attractive return potential" said Toreigh Stuart, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BluMont Capital. "We are pleased to offer investors this latest opportunity to access a proven and highly diversified investment product structure from one of the world's leading alternative investment firms - Man Investments". About BluMont Capital BluMont Capital is a leading provider of alternative investment products to Canadian retail clients and investors. Specializing in hedge funds, the firm offers investors innovative investment solutions that provide enhanced diversification and robust return potential. Established in 2000, BluMont employs more than 47 people nationwide and has approximately C$550 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of July 30, 2004. BluMont is 46.1% owned by Toronto-based Integrated Asset Management Corp. (TSXV:IAM IAM - Interactive Algebraic Manipulation. Interactive symbolic mathematics for PDP-10. ["IAM, A System for Interactive Algebraic Manipulation", C. Christensen et al, Proc Second Symp Symb Alg Manip, ACM Mar 1971]. ), a leading alternative asset manager with approximately C$1.7 billion in assets under management. Further information on BluMont Capital can be found at www.blumontcapital.com. About Man Investments Man Investments ("Man"), the asset management arm of Man Group plc, is an independent and global leader in alternative investments, providing innovative products and tailor-made solutions for private and institutional clients. Through its core investment managers, Man has succeeded in developing specialized strengths in different alternative asset classes - hedge funds, private equity, leveraged finance and convertible bonds. Established in 1983, Man has launched around 450 products worldwide, many of them with leading financial institutions. It manages approximately US$38.5 billion (as of March 31, 2004) and employs more than 1000 people worldwide. Man has offices in Chicago, Switzerland, London, Hong Kong, the Middle East, Montevideo, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Tokyo. Further information on Man Investments can be found at www.maninvestments.com. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. BluMont Capital Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BCC) |
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