Bluecrest BlueTrend’s investment objective is to seek to achieve long term appreciation in the value of its assets. Bluecrest BlueTrend is a feeder fund and pursues its investment objective by principally investing its assets in BlueTrend Fund Limited (“BlueTrend Fund”) which in turn invests into the market through an investment in BlueTrend Master Fund Limited (“BlueTrend Master Fund”). The BlueTrend programme is BlueCrest’s flagship systematic trending programme. The BlueTrend programme is a trend following programme which aims to capture market trends.
The company’s US Dollar share class was closed in July 2015. Closure of the remaining sterling share class (BBTS) was approved at an EGM on 17 November 2015. Settlement of the initial tranche of winding up monies being expected around 4 December 2015 with the sterling shares delisting on 11 December 2015.