Alpha Optimum new share class

Minimum investment into the new retail share class will be £15,000, compared with a minimum £600,000 for the existing institutional shares. A fund of hedge funds, the fund is designed to produce returns that are independent of the movements of the equity or fixed income markets. From the fund’s launch on June 30, 2003, to the end of August 2004, it returned 7.6%, according to Lipper.