The Fund is an open-ended International Business Company established in April 1996 under the laws of the Commonwealth of the Bahamas and has a secondary listing on the Irish Stock Exchange.
The Company is organized to seek capital appreciation over time through speculative diversified trading. The Company may allocate its assets to one or more investment vehicles. The trading objectives of the Company are wholly inconsistent with the concept of short-term investments. Although investors may redeem shares at any month end, an investment in the Company should be for a period of at least 12 months.
The market capitalization of the Class A and Class B Redeemable, Preference Shares is approximately USD 40,378,801. As of September 30th, 1999 HTS Fund Ltd. had total assets under management of USD 144,815,330.
The listing of HTS Fund Ltd. Class A and B Redeemable, Preference Shares is sponsored by Reid Services Limited.
"The BSX welcomes HTS Fund Ltd. to listing", said Mr. James S. McKirdy, Listing Manager of the BSX. "This listing increases the number of funds having a secondary listing on the Exchange."
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For further information on HTS Fund Ltd., please contact Adrian Crosbie-Jones of HTS Bahamas Ltd. at telephone: 242-323-8674 or facsimile: 242-322-1254.