Mediolanum Fund of Hedge Funds currently has 1 sub-fund available for investment, i.e. Alternative Strategy Collection. The Fund is only available for institutional investment and is not distributed directly to the retail market. The underlying assets of the Fund compromise primarily of individual target hedge funds managed by 3rd party managers, selected on the basis of their ability to perform, their relative contribution to volatility of the overall fund of hedge fund and the generic hedge fund strategy they are managing to e.g. global macro, long/short equity, convertible arbitrage, relative value arbitrage, market neutral, distressed etc.
The Mediolanum Low Volatility Fund was effectively terminated on 1st. November 2013. The Mediolanum High Volatility Fund is being gradually wound down since 1st November 2013 and is not available for investment.