Investing

Superfund Registering $133M More for Gold Funds

Superfund Gold, L.P. is a Delaware limited partnership and the fund is offering two separate series of limited partnership units under a designation of Series A and Series B.  The A series is almost $66.3 million and the B series is just over $67.4 million.

The fund notes, “The primary objective of Superfund Gold, L.P. is to maintain the approximate equivalent of a dollar for dollar investment in gold while seeking appreciation of its assets over time by trading and investing in a portfolio of futures and forward contracts on stock indices, currencies, bonds, grains, energies, metals (including gold), agricultural markets and livestock. The two Series are traded and managed the same way except for the degree of leverage, and the assets and liabilities of each Series are segregated from the assets and liabilities of the other Series.”

As of November 30, 2011, the net asset value per Unit of Series A-1 was $1,740.58, the net asset value per Unit of Series A-2 was $1,888.06.  On the same date, the group noted that the net asset value per Unit of Series B-1 was $1,466.41, and the net asset value per Unit of Series B-2 was $1,533.87. The minimum initial investment in a Series is $10,000; $1,000 for existing investors in such Series.

The full filing can be accessed here.

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