With the ASX200 rallying over 5% in September, and the S&P over 8%, initial results based on 20% of results to date have seen some strong results. Average results from all funds received to date are up 2.88%, with equity based funds up 3.08% reflecting the equity rally.
Strongest performances to date include Commodity Strategies Long/Short (+11.05%) and Long Only (+7.53%), Matthews Global Macro Velocity Fund (+10.76%), K2's International (+8.39%) and Asian (+7.61%), and Pengana's Global Resources Fund (+7.93%).
No currency funds have reported as yet, and with the surging A$ it will be interesting to see results from the FX funds as the month progresses.
