Steben Select Multi-Strategy Fund

Reasons to Invest

Hedge Funds Family
  • The severe market downturns of 2000 to 2003 and 2008 have highlighted the need for investments that truly diversify the risks inherent in the equity and fixed income markets.
  • Adding investments with low or non-correlation to stocks and bonds can potentially lower the volatility of a diversified portfolio.
  • Hedge funds have a long history of seeking risk adjusted returns that make them an attractive diversifier to a traditional portfolio.

However, it can be difficult to select the right hedge fund or set of hedge funds. Properly researching managers takes skill and expertise. In addition, high manager investment minimums and potentially long lock-up periods often put many hedge fund managers out of the reach of non-institutional investors.

These are the barriers Steben Select Multi-Strategy Fund seeks to eliminate.

As a fund of hedge funds, Steben Select provides access to a select set of hedge fund managers carefully chosen by our highly experienced Research and Risk Management Team. Because the Fund pools investor assets to meet the investment minimums of the selected hedge funds, it can offer a $25,000 investment minimum and quarterly liquidity to investors.

Fund Facts

  • Investment Minimum: $25,000
  • Subsequent Minimum: $5,000
  • Subscriptions: Monthly
  • Liquidity: Quarterly 1
Fund Structure
  • Structure
    • Fund of Hedge Funds
    • Closed end management investment company
  • Investor Eligibility: Accredited Investor
  • Investor Status: Shareholder
  • Tax Reporting: 1099
  • Performance Reporting: Monthly
Management of the Fund
  • Investment Manager: Steben & Company
  • Custodian: U.S. Bancorp
  • Administrator: U.S. Bank, N.A.
  • Auditor: KPMG
  • Counsel: K&L Gates

Foreside Fund Services, LLC, Distributor