Novia Financial adds Castlestone's commodity and agriculture funds

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Novia has added the Aliquot Commodity fund and Aliquot Agriculture fund to its investment range as investors seek allocation to real assets to shelter from the market turmoil.

The Dublin-listed Ucits funds offer 100% exposure to commodities and agriculture with no exposure to company stocks or stock indices, so performance is uncorrelated to stock and bond markets, offering clients diversification. Daily traded, the funds are denominated in sterling with a 1.75% management fee and 15% performance. They were formed to meet client demand for direct exposure to such assets within the protection of a Ucits framework. Many commodity funds invest in company stocks, which are highly correlated to equity indices, vulnerable to corporate risk and offer limited expos...

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