(PRLEAP.COM) In light of the increasing interest in Capricorn’s existing currency strategy a new currency program has been developed and is now available to investors. The new program, named Capricorn fxMT (Growth) incorporates Capricorn’s pure alpha seeking philosophy with an options strategy to limit risk. The program is categorised as medium term, systematic, and will be seeded with USD 5 million from the launch date in February 2007. Lars Buhl Capricorn’s Chief Investment Officer developed the program during the first quarter of 2006, and used the remainder of the year to test and back-test the strategy under various market conditions. As a result, the hypothetical track record that is back tested to 2003 produces an average annualized return of 10.62% with a standard deviation of 5.84% over the four year period, excluding manager fees. The new program will be offered to investors as a managed account setup with the minimum account size set at $1 million.

Capricorn is an established currency manager with clients that include; Banks, Institutions, Investment Funds and HNWIs. During 2006 AUM in Capricorn’s discretionary programs, which were renamed to Capricorn fxST (Growth) and fxST (Aggressive), increased by twenty five percent to over $50 million. Fifty percent of the increase came from by existing clients indicating the confidence they have in the strategy. The industry also acknowledged Capricorn, when SEB (Skandinaviska Enskilda Banken) and ABN Amro approved Capricorn’s discretionary strategy for their currency platform and directory. The currency indexes of Parker Global Strategies, Mercer Investment Consultants and Deutsche Bank’s FXSelect have also included Capricorn’s currency strategy.

For further information please access our website at; www.capricornfx.com