Theta has listed Dutch fund of hedge funds, Theta Legends XL Fund, on the NYSE Euronext Amsterdam, Hedge Week reports. The fund provides investors the option to trade shares in Theta Legends XL Fund on a daily basis and offers access to a portfolio of investment managers, with better liquidity than usual. The fund invests globally in a select group of alternative investment funds with a minimum track record of 15 years. The fund, which is the first of its kind, targets return of around 10% per annum with a consistent low correlation to equities and bonds. Theta also manages the Theta Multistar Medium Volatility Fund and the Theta Deep Value Fund.
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