United States:
Jupiter Adds Liquid Alternative Option With U.S. Equity Short Fund
19 October 2018
Kramer Levin Naftalis & Frankel LLP
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Source
Jupiter launched the U.S. Equity Short Fund, which is a sub-fund
of Jupiter Global Fund SICAV. The fund seek to generate an absolute
return over a three-year rolling period independent of market
conditions and is composed of a portfolio of 40-60 stocks based in
the U.S. The fund will hold long and short position, hedging
against periods of falling equity markets. The net equity exposure
of the fund will normally range between plus and minus 25% of net
assets while the gross equity exposure is expected to average
around 200%.
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