Hedgeweek: Fund governance firm DMS Offshore Investment
Services (DMS) has added Efficient Capital's CTA Index Fund to
its UCITS ICAV platform.
The fund aims to provide investors with medium to long term
capital appreciation through investment of approximately 50 per
cent of its Net Asset Value in a total return swap which is
referenced to the Efficient Capital CTA Index, and the remainder in
cash and cash equivalents. The Index is comprised of investment
funds and managed accounts traded for the benefit of such
investment funds that utilize a range of CTA strategies.
DMS has developed a proprietary UCITS V compliant ICAV platform
to provide investment managers with solutions for their UCITS
requirements to support the regulatory and fund governance
challenges that UCITS presents for US and international investment
managers doing business in Europe.
As a sub-fund on the DMS UCITS ICAV platform, Efficient
Capital's CTA Index Fund has the benefit of a fully supported
platform with top-tier service providers, along with DMS support in
fund structuring, establishment, regulatory, compliance,
distribution, directorship, and reporting requirements.
"Over the past year, the DMS UCITS ICAV platform and
stand-alone fund services have been growing significantly, and the
addition of a highly regarded firm such as Efficient Capital
Management LLC represents another milestone in our growth. It has
been our pleasure to work with and support Efficient as the
investment manager in this venture," says Derek Delaney
(pictured), Managing Director of DMS Europe.
"We are very excited about having been selected to be the
investment manager for this CTA Index Fund. This innovative
investment solution from DMS allows us to bring our passion for
managed futures and our expertise with the CTA investment universe
to institutional investors and qualified individuals. We look
forward to a continued partnership with the DMS team," says
Michael Marcey, Managing Director, Business Development of
Efficient Capital Management. Hedgeweek
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