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BSX Approves Listing of up to 9,999,900 Common Shares of All Points Absolute Return Fund - Opportuni
The All Points Absolute Return Fund ("the Company") was incorporated in Bermuda on 5 September 2001 as an open-ended company. The Shares of the Company may be divided into several Classes one of which will be related to a Fund within the Company. On 14 January 2002 the Company created two initial Classes of Shares (namely Class A & B) and, in addition, established a separate Fund for the new Classes called the "Opportunity Fund".
The principal objective of the Opportunity Fund is to achieve capital growth with downside protection through investment in alternative ("hedge") funds or discretionary investment accounts managed by independent managers.
The listing of the All Points Absolute Return Fund Limited - Opportunity Fund was sponsored by Bermuda International Securities Ltd., (a wholly owned subsidiary of the Bank of Bermuda Limited, Hamilton, Bermuda). The securities are being listed under the Listing Regulations for Collective Investment Vehicles and the provisions for General Marketing.
W. Brian Boyd, Vice President and General Manager of All Points Funds said, "We are very pleased to have All Points Opportunity Funds listed on the BSX. This listing reaffirms the Bank's continued support for the BSX and the role of BISL as a Listing Sponsor of choice."
"The BSX welcomes the All Points Absolute Return Fund - Opportunity Fund", said Mr. James S. McKirdy, Listing and Compliance Manager of the BSX. "We are delighted that these additional funds of the All Points family have chosen the BSX."
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For further information on All Points Absolute Return Fund Limited please contact the All Points Sales Team by telephone 441 299 6200, fax 441 299 6537 or email allpoints@bankofbermuda.com, or visit our website at www.bankofbermuda.com / mutual funds.
For more information contact Christopher Dill at the Bermuda Stock Exchange at phone 441-292-7212 or fax 441-292-7619. Information is also available at www.bsx.com, on Bloomberg at BSX
The BSX was founded in 1971 and is the world's leading fully electronic offshore securities market. The BSX lists equities, mutual funds and bonds, as well as depository receipts. The Exchange is recognized by the SEC as a "DOSM" (Designated Offshore Securities Market) and is a full member of the World Federation of Exchanges.