Coffee fund range launched

Two of the funds are trackers-one long and one short- which follow the International Coffee Organisation (ICO) composite index and use derivatives and futures. The range also includes one physicals-based vehicle, the Eiger Green Coffee fund, which is Shari'ah compliant for Islamic investors and targets returns of 12% per annum. Finally, the Alpha fund is a total return vehicle which will manage long/short exposure to hedged physicals, purchases and sales, inter-market spreads, volatility arbitrages plus a capped directional component. It targets a return of 15% per annum. There is gro...