Exhilway Global Opportunities Fund Receives AAA Bond Rating
Exhilway Global Opportunities Fund Secures AAA Rating From The Newman Asset
Online, July 30, 2013 (Newswire.com) - Exhilway Global Opportunities (EGO) Fund, the United States based, flagship fund of Exhilway Global Wealth, the world's 5th best wealth management firm has received AAA bond rating from the Newman Asset which denotes "highest safety" for the investors.
The fund will raise close to US $1 billion under the modified JOBS act which has now legalized marketing of private placements in the country.
EGO fund will invest US $600 million in the US based emerging companies and rest into the emerging economies of Asia and Africa. The fund will initially invest US $170 million in India.
Speaking to the media, David Jones, media representative of Exhilway Global Wealth said: "Initially, EGO fund will invest in the Indian companies. The slowing Indian economy is forcing entrepreneurs to shell out higher interest rates. The business valuations are also down and this gives us an opportunity to strike high paying deals. US investors will certainly benefit from our deal cracking capabilities".
EGO fund will be managed by Anthony Noyes, a former employee of Exhilway Global Wealth, having over 7 years of experience in managing hedge funds.
EGO fund is currently the best paying private equity investment in the US with highest product safety and the highest return, both blend together.
EGO is paying a minimum return of 500 basis points over LIBOR along with 10% per annum assured annual bonus over the investment. The fund is available for investors investing a minimum of US $2,00,000. The tenure of the fund is 3 years which is termed as "Short and Sweet" by many placement agents participating in the fund.
Christy Collin, a research analyst with eToro said: "Keeping in mind the AAA rating of the bond, the annual fixed return of 19% per annum seems to be exciting. There is no doubt India pays one of the highest interest rates in the world and the SME companies there raises money at 24-36% per annum. EGO fund will lend money at 21% per annum which is 1000 basis points lower than the average interest rate in the country".
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