Scotia Managed Companies Administration Inc.

March 10, 2010 18:31 ET

SMC Man AHL Alpha Fund Filed Final Prospectus

TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Scotia Managed Companies Administration Inc. ("Scotia") is pleased to announce the filing of a final prospectus for the initial public offering of units of the SMC Man AHL Alpha Fund (the "Fund"). Scotia acts as the administrator of the Fund.

The Fund's investment objective is to provide investors with the opportunity to realize capital appreciation through investment returns that have a low correlation to traditional forms of stock and bond securities. The Fund is intended to provide added diversification and enhance the risk/reward profile of conventional investment portfolios.

To pursue its investment objective, the Fund will obtain exposure to a diversified portfolio of financial instruments across a range of global markets including currencies, bonds, stocks, agriculturals, energy, metals and short-term interest rates using a multi-strategy and predominantly trend-following trading program (the "AHL Alpha Programme"). The AHL Alpha Programme is implemented and managed by AHL, a division of the investment manager, Man Investments Limited.

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