(February 28 – 15:30 ET) – StrategicNova Inc. is promoting its Navigator Managed Futures Fund as the next big thing in retail investing.
Douglas Sereda has managed the hedge fund for close to two years now. StrategicNova launched in late summer 1999.
Sereda, a 20-year veteran of the investment industry, is currently touring Canada to discuss global managed futures with investment professionals. He thinks that a highly accessible hedge fund is just what investors need now. As he says, “investors have just about every traditional asset class in their portfolio — and then some. They’ve reached a point at which any new stock, bond or fund in the portfolio will add very little to the portfolio as it already stands.”
He claims this isn’t true with hedge funds, adding, “This is really where a new approach to portfolios can significantly add returns’.”
Hedge funds offer diversification through a combination of investment strategies that may include short selling, leverage, and the use of derivative instruments in addition to traditional stocks and bonds. They can produce returns that are uncorrelated with other investments.
Sereda notes, “Very few investments combine with traditional portfolios to reduce risk like hedge funds do. It’s time for Canadian investors, not just the superrich financial elite, to start looking at alternative investments, and to start benefiting as well.”
-IE Staff