Axiom Commodity Launches Sterling Share Class
The Axiom Opportunities fund (www.axiomfunds.com), a multi-manager fund focusing on commodities, energy and natural resources, launched a sterling share class October 1st.
(PRWEB) October 13, 2007 -- The Axiom Opportunities fund (www.axiomfunds.com), a multi-manager fund focusing on commodities, energy and natural resources, launched a sterling share class October 1st. The fund returned 11.7% through September 2007 and has annualised returns of 14.2%. The returns were generated by investing exclusively in specialist managers trading niche strategies such as Commodity Finance, Electricity, Shipping, Renewable Energy and Environmental Credits. The Commodities Program has been in operation for over two years, and opened to external investment in October 2005.
William Thomson, Senior Economic Advisor at Axiom funds said:
The commodity supercycle continues to be driven by globalisation and the most robust global growth figures in almost four decades, especially those coming from the BRIC economies. An additional factor is that developed economies, especially the United States, are having to enter a new cycle of infrastructure expenditures having neglected that are for the last quarter of a century.
With the US dollar remaining weak, Axiom is providing a sterling class that allows investors an opportunity to participate in the commodity space without the currency risk.
For further information:
Axiom
Contact: Neil Campbell
Tel: +44 207 522 4480
Fax: +44 207 930 3770
Email: ncampbell @habibsons.co.uk
The Advisor to the Axiom family of fund of hedge funds is Habibsons Bank Ltd, authorised and regulated by the Financial Services Authority (FSA) in the UK. The origins of the Habib financial group go back to the mid 19th century.
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