Lyxor AM, a wholly-owned subsidiary of Socit Gnrale, and HANSAINVEST have launched the MSCI HEDGE INVEST LYXOR TRACKER-HI FUND to replicate the performance of the MSCI Hedge Invest IndexSM in Euro, which provides high diversification and risk dispersion as a result of its composition. The index is the largest investable hedge fund index and currently consists of 121 funds across 14 strategies.
Both the index and the fund are composed of target funds from the Lyxor Managed Account Platform and the funds are incorporated in Jersey and managed by hedge fund managers on behalf of Lyxor AM.
Lyxor AM and HANSAINVEST control the compliance of the fund with German regulations and provide investors with the necessary reporting. The fund has weekly liquidity without any lock-up periods and two share classes offer institutional investors (class A) and retail investors (class B)access to alternative investments.
The MSCI Hedge Invest Lyxor Tracker-HI Fund will mainly be distributed by Socit Gnrale and distribution partners of its subsidiary Inora Life.