Generali International has added Castlestone Management's Aliquot Commodity Ucits fund to its unit-linked fund range, following investor demand for access to commodities.
The Dublin-listed, diversified fund offers 100% exposure to commodities with no exposure to company stocks or stock indices. It aims to outperform the commodity indices but with reduced risk and downside protection. Performance is uncorrelated to stock and bond markets, with daily trading in sterling. The fund currently has 17.47% of its portfolio exposed to crude oil, 13.36% to gold and 7.73% to natural gas. It mirrors the exposures of the original British Virgin Islands domiciled Aliquot fund as closely as possible. Managers can reduce exposure to overpriced assets while increasing ...
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