SkyRank System of Hedge Fund Ratings To Roll Out Data - Ratings Exchange Program

The SkyRank System will soon be formalizing its free ratings service for hedge funds, funds of funds, and commodity trading advisers. Funds upload their performance information to Sky Fund's website, and in return receive their ratings to use as they wish.

East Brunswick, NJ (PRWEB) November 11, 2005 -- Sky Fund LLC and the SkyRank(TM) System of Hedge Fund Ratings is formalizing its Data - Ratings Exchange Program. Over the coming weeks, funds will be receiving invitations to upload their administrative and performance data to Sky Fund's web server, and the funds will receive their Absolute SkyRank and Lettered SkyRank Ratings for no charge to use as they wish in their marketing materials.

"We've found an overwhelming number of funds interested in receiving their ratings, and willing to provide us data, so we've decided to internalize our data collection process."

Sky Fund distributes its popular Top SkyRanked Funds files and sells the SkyRank500 and the SkyRank2000, the best funds in the industry. The company is slated to release its first investment product by the first quarter of 2006. Sky Fund does not anticipate organizing as a data provider and does not compete with hedge fund database companies.

###