GHF Group Releases Hedge Fund Backed by Oil Sands

Online, August 5, 2010 (Newswire.com) - In July the CAPP announced that they expected the oil sands to produce 1.4 million barrels of oil per day in 2010, and 3.6 million barrels per day by 2025. Their estimate took into consideration current and planned projects, based on a industry output survey of oil sands producers.

The association's announcement went on to forecast that the more environmentally friendly 'bitumen drilling' extraction method would exceed traditional strip mining methods within six years. Typically the oil sands have been faulted for the higher cost and landscape damage versus the typical oil rig model.

Oil sands production growth is anticipated to be the main driver behind Canada's increasing crude production. In 2010, the country as a whole will generate 2.9 million barrels of oil per day, with 1.4 million barrels per day coming from the oil sands; in 2015, total production is expected to grow to 3.2 million barrels per day, with the oil sands contributing 2.3 million barrels.

Global Hedge Fund Group Ltd. (GHF Group) has been developing customized alternative investment solutions and providing corresponding advisory services since 2000. Our priority lies with hedge funds and private equity. GHF Group has also become a leader in providing funds in the life settlement industry. All products are designed to provide sustainable and above-average rates of return. Instability and risk are reduced by well-structured investment strategies whose clarity and success are established. Our team of competent professionals has the distinction of reliability, effectiveness and promptness. GHF Group's expertise in hedge funds is enhanced by a close association with leading research firms, successful hedge fund managers, and brokerage houses whose macro research gives its research team an edge in understanding world market trends, enabling them to make better hedge-fund allocation decisions. For more information, visit Global Hedge Fund Group's website at ghfgroup.net.

This news release may contain forward-looking statements, as defined by securities laws, including statements about the financial outlook and business environment. Any such statements are based on current expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this news release, that could cause actual results to differ materially are set forth in the company's current annual report and subsequent filings. They include risks and uncertainties relating to the pace at which GHF Group adds new clients or at which existing clients use additional services, the value of global and regional financial markets, and the dynamics of the markets GHF Group serves. GHF Group encourages investors to review filings in conjunction with this announcement and prior to making any investment decision. The forward-looking statements contained in this news release speak only as of the date of release, and the company does not undertake to revise those forward-looking statements to reflect events after the date of this release.