Topic: How To Invest

Dear Mr. McKeough: My broker is advising me to invest some money in Man AHL Diversified Fund. This is a closed-end fund and it will only be available until May 27, 2009. Please advise me if it is a good investment. I always appreciate your valuable advice. Thanks.

Article Excerpt

Man AHL Diversified (Canada) Fund gives accredited Canadian investors exposure to the “AHL Diversified Program,” an offshore managed-futures program that started up in 1987. In general, accredited Canadian investors must have at least $1 million in investable assets after debt (this excludes money owed on a principal residence). They must also have net income before taxes exceeding $200,000 in each of the two preceding years, or net income before taxes exceeding $300,000 in each of those years when combined with that of a spouse. In either case, the investor must have a reasonable expectation of exceeding the same net income level in the current year. The Man AHL Diversified (Canada) Fund is a hedge fund that is part of the Man Group plc, a London-based manager of over 500 hedge funds. Man Group has more than $47 billion U.S. in assets under management. AHL Diversified is a quantitative, computer-driven program that invests on more than 100 different stock and commodity exchanges…