Theta Legends
Theta Legends Fund aims to preserve and grow investor capital, independent of overall financial market developments. This is achieved through a diversified portfolio of complementary investment strategies, managed by a select group of legendary investment managers. Theta Legends Fund target returns around 10% per annum.
Cumulative return versus benchmark *
* Source: Bloomberg, Theta Capital Management.
Until January 2010, Theta Legends Fund performance numbers reflect a pro-forma track record using the average returns of the underlying hedge funds, calculated in USD, using equal weightings with quarterly rebalancing, net of 1% management fee and 5% performance fee over a hurdle rate of 3-month Euribor+2%. As per 1 February 2010, actual returns net of fees.
Fund details
| Return target | 10% p.a. over a 1-5 year horizon |
| Volatility target | None |
| Management fee | 0.5% (Institutional Class); 1.0% (Regular Class) |
| Performance fee | 5% above a hurdle rate of 1-month Euribor+2% |
| High watermark | No |
| Liquidity | Monthly with 90 days notice for redemptions |
| Minimum investment | EUR 10,000 |
| Domicile | The Netherlands |
| Licence | Authority Financial Markets (AFM) |
| Administrator | TMF Fund Administrators |
| Custodian | Fortis Bank Nederland |
| ISIN Code | Class A - EUR: NL0009358373 Class A - USD: NL0009358381 Class B - EUR: NL0009358399 Class B - USD: NL0009358407 |
| Bloomberg ticker | Class A - EUR: THLEGAE NA Class A - USD: THLEGAU NA Class B - EUR: THLEGBE NA Class B - USD: THLEGBU NA |
