Coronation has launched two sterling denominated hedge fund notes offering a level of capital protec...
Coronation has launched two sterling denominated hedge fund notes offering a level of capital protection and featuring a lower than average minimum investment. The notes, Coronation Principal Protected and Coronation Leveraged, will be invested in a portfolio of arbitrage hedge funds. This will invest only in established hedge fund managers with at least $250m under management and targeting high annual returns. Minimum investment in the notes is £25,000 and target returns to investors, net of all fees, are 8% to 12.5% per annum in the Principal Protected Note and 13% to 26% per annum in...
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