TIDMBBTS

RNS Number : 9672Q

BlueCrest BlueTrend Limited

05 September 2014

BlueCrest BlueTrend Limited

5 September 2014

Reduction in Management Fee

With effect from 1 August 2014, the baseline investment management fee applicable to BlueCrest BlueTrend Limited's investment in BlueTrend Fund Limited and BlueTrend 2x Leveraged Fund Limited (each a "Fund") has been reduced from 2 per cent per annum to 1.5 per cent. The reduction follows an assessment of the CTA landscape and in particular the recent migration towards lower fees.

Where an investor's holding in a Fund exceeds certain thresholds above US$50m the investment manager, BlueCrest Capital Management Limited, will rebate part of the investment management fee by paying up additional shares.

Enquiries:

 
Company Secretary:            Tel: +44 (0) 1481 743940 
 Dexion Capital (Guernsey) 
 Limited 
 Kellie Blondel/Carol Kilby

This information is provided by RNS

The company news service from the London Stock Exchange

END

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