Matrix fund doubles size

Matrix Money Management has announced that its Matrix Conservative Approach Strategy Fund has doubled its size and now stands at $20m. It's growth has been explained by the global bear market conditions which have encouraged intermediaries to actively reposition their clients' portfolios to defend them against further market downturns. The fund seeks to minimise risk when global stockmarkets are falling and aims to provide year on year returns of 10%-12% for sterling investors. For more information on the fund call +44 20 7292 0825.