KINGZ Capital Management Corporation

KINGZ Capital Management Corporation

October 15, 2008 10:32 ET

KINGZ Capital Raises $330 Million Amid Worldwide Financial Chaos

WILMINGTON, DELAWARE--(Marketwire - Oct. 15, 2008) -

Note to editors: Photos are available with this press release.

Four weeks ago, KINGZ Capital Investments LLC, of Delaware issued its first Offering Memorandum offering Interests in its Absolute Return Program. Since then, the Company has received investment subscriptions of $334,263,000 for this Program which is well on its way to being oversubscribed. KINGZ Capital Management Corporation, the Managing Member of the LLC, reports that the $500 Million offering is set to close at the end of this month. If interest in the Program keeps up, the Board is considering extending the offering date and increasing the maximum to $1 Billion.

How is this even possible given the current state of affairs in the financial marketplace? Bob "The Coach" Coffey, Chairman of KINGZ explains: "The KINGZ Absolute Return Program seeks to take advantage of economic imbalances in the global currency and banking system to generate consistently high yields. This Program is best suited for those institutions and accredited investors who seek liquidity, historically low volatility and consistently positive returns regardless of bull or bear market conditions in the equity or bond markets." Participants in the Absolute Return Program are able to obtain certain benefits and advantages which might otherwise be unavailable to them including access to a sophisticated currency market investment methodology and global arbitrage opportunities.

When asked how the Company manages risk and volatility, David Krywenky, Executive Vice-President explains: "by hedging currency exposure with an offsetting position, the strategy used in this Program seeks to protect participants from volatility. Reducing market exposure helps limit volatility by reducing the exposure of account equity to the ups and downs of the market that we have seen recently."

The KINGZ Absolute Return Program is designed to outperform fixed income alternatives such as annuities, CDs, money market funds and bonds. It seeks to provide an enhanced return to the participant that captures the largest interest rate spread in G-5 currencies and then modestly leverages that spread to provide an enhanced return. For example, if the largest spread between G-5 currency yields is 4%, the strategy within the Program would provide a yield of about 2 to 2.5 times that spread - netting about an 8% to 10% return. Of course, spreads, leverage and rates are subject to change as recently seen with the combined lowering of central bank rates.

Mr. Coffey adds that since inception, the Strategy developed by KINGZ's Trading Advisors has had 69 consecutive winning months, no drawdowns, an average annualized Rate of Return of 10% and a Sharpe Ratio of 28.39.

You can check them out online www.kingzfund.com or call for their free brochure at 1-877-77KINGZ (775-4649).


KINGZ Capital Investments LLC 
2711 Centreville Road, Suite 1400, Wilmington, Delaware, USA 19808
Managed by KINGZ Capital Management Corporation 
"Orena", St. Lawrence Main Road, Christ Church BARBADOS BB15029 
Tel: 1-877-775-4649 or Fax: 1-877-885-4649

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