Barclays Capital unveils OEIC duo

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Barclays Capital is to roll out two new Oeics next month providing exposure to the FTSE Total Return Index as part of its plan to challenge existing long-only funds.

The group, which unveiled its first ever structured product wrapped in an OEIC in January, is launching the IFSL Barclays FTSE 100 Trend fund, which aims to provide investors with a positive return linked to its own FTSE 100 Trend Total Return Index. The fund takes either a long, short or neutral position on the Index, using a combination of momentum investing, volatility measures and stop losses to determine its exposure to the Index. The Index itself analyses the direction and movement of the FTSE 100 and takes long, short or neutral positions to generate capital growth for investor...

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