NEWS - 15

Salus Alpha products outperform equity markets

Thu, 20/10/2011

For the year to 30/09/2011, all Salus Alpha Funds clearly outperformed global equity markets in a difficult environment.

The Salus Alpha Commodity Arbitrage had a performance of +7.71% for the year to date until 9/30/2011, while the US S&P 500 Index lost 10.04%, and the German DAX30 index lost -0.42% in the same period. This is an outperformance against the S&P 500 Index of +17.75% and against the DAX 30 Index of +28.13%.

Other products managed by Salus Alpha performed as follows for the year to date until 9/30/2011:  Salus Alpha Event Driven +1.87%; Salus Alpha Equity Hedged +5.80%; Salus Alpha Commodity Arbitrage +7.71%  

In such a difficult market environment, this outperformance results from the employment of an active management approach and from the diversification over numerous strategies and substrategies.

NEWS - 14

PDL International launches new range of UCITS hedge fund products

Wed, 12/10/2011

PDL International, a global provider of alternative investment services, has announced the UK launch of an innovative range of UCITS-compliant hedge funds.

The funds, which are regulated by the Financial Services Authority, are designed to deliver growth irrespective of market conditions and are available to both institutional and retail investors.

The funds are being distributed in the UK by PDL International on behalf of Swiss-based fund manager Salus Alpha. Formed in 2001 and with assets of over USD 1.2bn under management, the company was the first to obtain UCITS status for a range of hedge fund products and has a strong track record of fund performance.

Sven Kuhlbrodt, Managing Director of PDL International, says: “With the outlook uncertain in the global financial markets, the appetite for alternative, uncorrelated products is increasing among both retail and institutional investors. Our new product range is a unique proposition in the UK, offering investors the chance to grow and preserve capital in uncertain times.”

Oliver Prock, CEO and CIO at Salus Alpha Capital, says: “These funds exhibit attractive absolute return with a low or no correlation to financial markets and low volatility, making them ideal for investors looking to diversify their portfolios. They offer the added benefits of daily liquidity and the comfort UCITS compliance brings.”