Matrix feeder funds invest in Fortis

Matrix has launched two funds of hedge funds which are feeder funds from multi-manager portfolios run by Fortis and Tremont.

Matrix's Horizon Fund invests in the sterling-hedged share class of Fortis Investment Fund, whose dollar shares generated 6.55% during 2002, according to the group.

The Horizon shares Matrix's fund uses returned 0.89% net of fees during December.

The underlying Fortis fund is widely diversified, investing in around 35 underlying portfolios.

Bridget Cleverly, Matrix Money

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: