BlueCrest Ucits fund to be liquidated due to tracking error

Matt Cameron
27 Oct 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Merrill Lynch Investment Solutions surprised shareholders of the BlueTrend Ucits fund last week by revealing its intent to liquidate the fund - which is up 11.69% so far this year - citing an expected widening in the tracking error. Sources close to the situation suggest the widening would result from opportunities in commodities and fixed-income markets that the flagship BlueTrend fund will seek to capitalise on, which can't be fully replicated within the constraints of a Ucits fund.

The fund

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]