BluMont Capital Inc. announced on Thursday that its wholly-owned subsidiary, BluMont Capital Corp., has launched its fourth series of the BluMont Man-IP 220 notes. This multi-manager/multi-strategy investment product has a 100% principal repayment guarantee from Citibank Canada with access to a portfolio managed by Man Investments, one of the world’s leading independent alternative investment managers with over US$54 billion estimated in assets under management as of June 30.

The launch of the Series 4 notes comes three months after the successful closing of the Series 3 notes, which raised $52.3 million in assets, and offered investors an opportunity to access a well-known product structure from Man Investments.

The Series 4 notes, while structured specifically for the Canadian marketplace, are modelled upon the original Man IP 220 products, which have proven to be one of Man’s most successful product structures with an impressive 9.5-year track record of positive returns each year since December 1996.

The Series 4 notes provide investors access to the Glenwood Portfolio, a fund-of-hedge funds, and the AHL Diversified Programme, one of the world’s largest managed futures program — each of which has a long track record of success and historically low correlation to each other as well as to traditional asset classes.

In addition to a principal repayment feature provided by Citibank Canada that guarantees the return of an investor’s initial investment at maturity, the Series 4 notes provide the potential for enhanced diversification and positive returns in both rising and falling markets. The Series 4 notes are available to investors until Oct. 10 for a minimum investment of C$5,000.

“Both Man Investments and BluMont Capital are dedicated to ensuring another successful launch of the BluMont Man-IP 220 Series Notes” says John M. Kelly, president and CEO of Man Investments Inc.

Adds Stephen J. Kangas, president of BluMont Capital: “We look forward to working with Man Investments on this latest offering of the BluMont Man-IP 220 note program. Together, we intend to demonstrate to investors the impressive performance of the original Man IP 220 products and the potential of the Series 4 notes to deliver double-digit returns and enhanced diversification irrespective of how stock and bond markets perform.”