Man Investments has launched Man IP220 Index Notes Series 4 and IP220 Index Notes Series 6, two 12-year capital–protected strategies based on the Man IP220 family of investment products. The products are to be distributed internationally."The popularity of the IP220 series is easy to understand, given its performance record over a long period," said Man Investments' global head of sales Christoph Möller. "In today's uncertain markets we expect a strong response from investors eager for the chance to gain attractive returns, away from traditional investments, with the comfort of a capital guarantee and provision for a profit lock-in."
The Man IP220’s series offers a combination of complementary investment programmes from two of Man’s core managers: the AHL Diversified Programme, based in London, trading in managed futures and covering more than 140 world markets in currencies, bonds, equities and commodities, which is a systematic and statistically based investment strategy designed to profit from market trends, and the Glenwood Portfolio, a diverse fund of hedge funds run from Chicago.
According to Man, "...the underlying portfolio has delivered strong returns over the past 12 years, especially when traditional investments were falling. The first capital protected product in the Man IP220 series has delivered a compound annual return of 16.6% from 18 December 1996 to 30 June 2008. This equates to a total return for Man IP220 Ltd of 489.5%, compared with just 63.9% for world stocks and 93.4% for world bonds in the same time period.”
Man IP220 Index Notes Series 4 is offered in Swiss franc, US dollar and euro denominated notes, while Man IP220 Series 6 is offered in US dollar denominated bonds. Both offer capital protection underwritten by Deutsche Bank AG, London Branch, and a profit lock-in feature.
Man IP220 Series 6 will be available to investors until 6 October 2008, while Man IP220 Index Notes Series 4 will be marketed until 13 October 2008. Minimum investment for both products is $50,000.
These products appear on the Offshore database.