BlueCrest AllBlue Fund has announced its preliminary results for the year ended 31 December 2010.

Richard Crowder, Chairman of the Company, commented: “Following a successful year in 2009, the Company continued to deliver strong financial performance over 2010. The Company’s shares continued to trade at a premium throughout the year and, with significant investor appetite for the shares, we were pleased to complete two further fund raisings over the year. These capital raisings have further improved the liquidity of the Company’s Shares, which the Board believes is in the interests of all shareholders.”

Highlights:

* The Company returned 8.18% for the calendar year 2010.
* The performance of AllBlue, the fund into which the Company invests, was strong throughout the year, posting positive returns in all quarters and only experiencing two negative months over the year

The key contributors to the performance in the year were the following underlying funds:

- BlueCrest Capital International returned a strong 12.82% for the calendar year, contributing 4.27% to AllBlue during 2010.
- BlueTrend returning a strong 15.98% for the calendar year, contributing 2.07% to AllBlue during 2010.
- Emerging Markets returned 7.81% for the calendar year, contributing 1.21% to AllBlue during 2010.
- BlueMatrix returning 6.44% for the calendar year, contributing 0.26% to AllBlue during 2010.