We are pleased to announce that Standard & Poor’s have re-instated the 4 star rating for the DWS Strategic Value Fund.
The DWS Strategic Value Fund (‘Fund’) is a multi-manager, multi-strategy fund providing access to a diversified range of global hedge fund strategies. The Fund aims to achieve its objective by investing in the funds of hedge fund managers who are selected through a disciplined investment process.
Deutsche Asset Management, as responsible entity of the Fund, has delegated the management of the underlying assets of the Fund to leading global fund of hedge funds manager, K2 Advisors, L.L.C (K2 Advisors).
As stated in the Standard & Poor’s press release dated 22 March 2010, "S&P has a high regard for K2's clearly articulated investment process and its well-resourced team of investment professionals," said S&P Fund Services analyst Tom Mills. "In S&P's view, a key strength of K2's investment capability is the rigour of its due diligence and risk-management processes, which are continually applied to prospective as well as incumbent managers," said Mr. Mills.
For further information please contact Standard & Poor's client services on 1300 792 553.
Important information
Issued by Ironbark Asset Management Pty Limited ABN 53 136 679 420 AFSL 341020 (“Ironbark”). This document is not an offer of securities or financial products, nor is it financial product advice. As this document has been prepared without taking account of any investors’ particular objectives, financial situation and needs, you should consider its appropriateness having regard to your objectives, financial situation and needs. Although specific information has been prepared from sources believed to be reliable, we offer no guarantees as to its accuracy or completeness. The information stated, opinions expressed and estimates given constitute best judgement at the time of publication and are subject to change without notice to you. These are constantly under review, and may change over time. Consequently, although this document is provided in good faith, it is not intended to create any legal liability on the part of Ironbark or any other entity and does not vary the terms of a relevant disclosure statement. The Funds referred to are issued by Deutsche Asset Management (Australia) Limited ABN 63 116 232 154 AFSL 298626. Advisers should ensure that any clients wishing to invest consider the relevant product disclosure statement when deciding to acquire or to continue to hold a product referred to. To acquire units in the Fund, advisers should ensure that clients complete the application form that accompanies the current PDS, which you can obtain from www.ironbarkam.com or by calling client services on 1800 034 402.
To the extent that any ratings, opinions or other information of Standard & Poor’s Information Services (Australia) Pty Ltd (ABN: 17 096 167 556, Australian Financial Services Licence Number: 258896) (“Standard & Poor’s) constitutes general advice, this advice has been prepared by Standard & Poor’s without taking into account any particular person’s financial or investment objectives, financial situation or needs. Before acting on any advice, any person using the advice should consider its appropriateness having regard to their own or their clients’ objectives, financial situation and needs. You should obtain a Product Disclosure Statement relating to the product and consider the statement before making any decision or recommendation about whether to acquire the product. Past performance is not a reliable indicator of future performance. Ratings can change or cease at any time and should not be relied upon without referring to the meaning of the rating. For more information regarding ratings please call S&P Customer Service on 1300 792 553 and also refer to Standard & Poor’s Financial Services Guide at www.fundsinsights.com. Each analytic product or service of Standard & Poor’s is based on information received by the analytic group responsible for such product or service. “S&P” and “Standard & Poor’s” are trademarks of The McGraw-Hill Companies, Inc. 2009 Standard & Poor’s Information Services (Australia) Pty Limited.
The DWS Strategic Value Fund (‘Fund’) is a multi-manager, multi-strategy fund providing access to a diversified range of global hedge fund strategies. The Fund aims to achieve its objective by investing in the funds of hedge fund managers who are selected through a disciplined investment process.
Deutsche Asset Management, as responsible entity of the Fund, has delegated the management of the underlying assets of the Fund to leading global fund of hedge funds manager, K2 Advisors, L.L.C (K2 Advisors).
As stated in the Standard & Poor’s press release dated 22 March 2010, "S&P has a high regard for K2's clearly articulated investment process and its well-resourced team of investment professionals," said S&P Fund Services analyst Tom Mills. "In S&P's view, a key strength of K2's investment capability is the rigour of its due diligence and risk-management processes, which are continually applied to prospective as well as incumbent managers," said Mr. Mills.
For further information please contact Standard & Poor's client services on 1300 792 553.
Important information
Issued by Ironbark Asset Management Pty Limited ABN 53 136 679 420 AFSL 341020 (“Ironbark”). This document is not an offer of securities or financial products, nor is it financial product advice. As this document has been prepared without taking account of any investors’ particular objectives, financial situation and needs, you should consider its appropriateness having regard to your objectives, financial situation and needs. Although specific information has been prepared from sources believed to be reliable, we offer no guarantees as to its accuracy or completeness. The information stated, opinions expressed and estimates given constitute best judgement at the time of publication and are subject to change without notice to you. These are constantly under review, and may change over time. Consequently, although this document is provided in good faith, it is not intended to create any legal liability on the part of Ironbark or any other entity and does not vary the terms of a relevant disclosure statement. The Funds referred to are issued by Deutsche Asset Management (Australia) Limited ABN 63 116 232 154 AFSL 298626. Advisers should ensure that any clients wishing to invest consider the relevant product disclosure statement when deciding to acquire or to continue to hold a product referred to. To acquire units in the Fund, advisers should ensure that clients complete the application form that accompanies the current PDS, which you can obtain from www.ironbarkam.com or by calling client services on 1800 034 402.
To the extent that any ratings, opinions or other information of Standard & Poor’s Information Services (Australia) Pty Ltd (ABN: 17 096 167 556, Australian Financial Services Licence Number: 258896) (“Standard & Poor’s) constitutes general advice, this advice has been prepared by Standard & Poor’s without taking into account any particular person’s financial or investment objectives, financial situation or needs. Before acting on any advice, any person using the advice should consider its appropriateness having regard to their own or their clients’ objectives, financial situation and needs. You should obtain a Product Disclosure Statement relating to the product and consider the statement before making any decision or recommendation about whether to acquire the product. Past performance is not a reliable indicator of future performance. Ratings can change or cease at any time and should not be relied upon without referring to the meaning of the rating. For more information regarding ratings please call S&P Customer Service on 1300 792 553 and also refer to Standard & Poor’s Financial Services Guide at www.fundsinsights.com. Each analytic product or service of Standard & Poor’s is based on information received by the analytic group responsible for such product or service. “S&P” and “Standard & Poor’s” are trademarks of The McGraw-Hill Companies, Inc. 2009 Standard & Poor’s Information Services (Australia) Pty Limited.