ADF launches ''see-through'' European Union Fund that eliminates currency risk while offering principal protection and guaranteed returns.

The EUF is an alternative asset class investment that allows its clients the option to choose between Euros, Yen, Swiss Franc, British Pound, U.S. Dollar or blended denominated accounts. Registered in Bermuda, investors benefit from an offshore domicile. The fund is administered by American Diversified Funds, a Naples, FL-based alternative asset product provider, whose operating philosophy is principal preservation, and secondly asset appreciation. Seeded with proprietary funds, the EUF has returned 17.66% net to date. As of September 15, 2004, the fund will begin accepting foreign-based institutional investors.

(PRWEB) September 16, 2004 -- The EUF is an alternative asset class investment that allows its clients the option to choose between Euros, Yen, Swiss Franc, British Pound, U.S. Dollar or blended denominated accounts. Registered in Bermuda, investors benefit from an offshore domicile. It is the first fund of its kind that has the "see-through", or complete transparency feature for investors desiring hedge fund related performance.

The fund is administered by American Diversified Funds, a Naples, FL-based alternative asset product provider, whose operating philosophy is principal preservation, and secondly asset appreciation. Seeded with proprietary funds, the EUF has returned 17.66% net to date. As of September 15, 2004, it will begin accepting foreign-based institutional investors.

Designed solely for foreign corporations, pension funds, foundations, endowments and other similarly resourced investors, the fund's operating premise is to reduce risk, reduce volatility, enhance returns, and diversify the traditional stock and bond portfolio with near zero correlation.

The EUF's portfolio management structure is based on a blend of 39 managers; 28 represent 14 hedge fund sectors and 11 represent managed futures. This give the EUF exposure to global markets removing the economic bias experienced by capital invested in a single fund exposed to only a single continent.

All CTA's and Hedge Fund managers are individually allocated or bundled based on their correlation relativity; volatility; margin exposure, market exposure, continental market participation, lock-ups, contingency plans; returns, and ability to provide a diversification to one another, thereby smoothing an already smooth performance, reduce risk, reduce volatility and experience a very low correlation to internationally recognized benchmarks such as the S&P and Dow.

Believing a priority needs to be placed on the fund's transparency and accountability, the EUF subjects itself to all the rules and regulations set forth by the National Futures Association (NFA), the Securities and Exchange Commission (SEC and the Commodity Futures Trading Commission (CFTC). The EUF enhances its transparency priority by having independent accounting firms provide monthly and yearly statements in both electronic and hard copy.

American Diversified Funds, which is the parent company of the EUF, has agreed that there will be no expense to any client regarding the underwriting of the principal guarantee feature. ADF will absorb the expenses for the first $100M that comes into the EUF. This can apply to a single investor of $100M, or two investors at $50M each.

ADF also offers performance guarantees. "It will only charge sales charges when the fund has achieved at least 10% return net to the client for the previous calendar year", stated Michael D. Billy, the fund's account manager. "If we don't perform well, we will not take the sales charge nor will we take the incentive", he adds.

By assembling a seasoned and successful team of money managers from around the world, the EUF can provide a wide variety of options for institutional clients. Through the use of individual money managers, or bundled utilization, custom configuration depends on the size of the portfolio, the client's goals, risk tolerance and aversion. Our approved managed have proven their ability to make money for clients in up markets, down markets and sideways markets over the years.

Combining innovation with its priority for capital preservation, ADF will insure the principal of any account of $50M or more. Provided on an individual account basis, the underwriting due-diligence and guarantee issuance is done by one of the world's largest insurance companies.

"Our main focus is matching the right manager, or managers, to our clients needs rather than forcing them to conform to our specifications", Mr. Billy continues. "Flexibility, an eagerness to serve, integrity, trust, success and performance are our keywords".

About American Diversified Funds, Inc.
With nearly three decades of industry experience, ADF envisions products that can reduce risk, reduce volatility, enhance returns and diversify the traditional stock and bond portfolio in assets with near zero correlation. With the usage of non-weighted modeling, ADF enhances returns by smoothing returns avoiding the deep valley while taming the meteoric spikes. As incredible as ADF results have been over the past 36 month period, what is really exceptional is the near zero correlation from one manager to another due to varying techniques and global market participation.

CONTACT INFORMATION

Michael D. Billy
American Diversified Funds Inc
Email: michael@europeanunionfund.com
http://www.europeanunionfund.com
Office: (239)403-3906
Toll free: 1-800-228-7058
Fax: (239) 403-3971
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