Blackheath Launches First Volatility Arbitrage Fund in Canada |
Date: Tuesday, October 12, 2010
Author: News Release
The Vol Arb Fund employs a proprietary program to systematically arbitrage volatility across all the major futures options markets. Blackheath is proud to be the first firm in Canada to bring this strategy to investors.
Portfolio Manager Andrew Cumming says, "I've been trading and refining this program over the past fifteen years as a derivatives specialist at Deutsche Bank, Citibank and Scotiabank. This program is the culmination of years of development and is truly the crowning achievement of my career."
This strategy offers returns that are independent of the stock market.
Investment Strategy
The Vol Arb Fund exploits the fact that the implied volatility on options consistently outstrips statistical volatility. The Vol Arb Fund maintains a diversified book of futures and options to exploit this phenomenon on a wide variety of markets including the S&P 500, Gold, Natural Gas, 30 year Bond, Crude and all major currencies.
About Blackheath Fund Management Inc.
Currently managing over US $30 million in client assets, Blackheath Fund Management Inc. is an OSC registered advisory firm committed to investment strategies in managed futures that provide absolute returns independent of equity or fixed income markets. Blackheath funds invest only in major markets which allow the funds to provide a high degree of liquidity and transparency to its investors.
The first Blackheath managed futures fund, Blackheath Futures Fund LP, was launched in October, 2009 with a strategy based on interpretation of investor sentiment and positioning.
This information is not a solicitation and should not be considered as a recommendation for you to engage in any transaction involving the purchase Blackheath Volatility Arbitrage Fund, LP. The risk of loss in trading futures contracts or commodity options can be substantial. Investors should carefully consider the risks of investing in light of their investment objectives, risk tolerance and financial circumstances. Important information about the Blackheath Volatility Arbitrage Fund, LP is contained in the Offering Memorandum.
For more information, please contact
Blackheath Fund Management Inc.
Jennifer Coghill
416-363-2962
jcoghill@blackheathfundmanagement.com
www.blackheathfundmanagement.com