| Report Date | 10 October 2010 |
| Manager | Commodity Strategies |
| Fund Name | CSL Active Long/Short Programme |
| Strategy | Commodities/CTA |
| Latest Return Date | September 2010 |
| Latest Return | 11.05% |
| Latest 6 Months | -3.52% |
| Latest 12 Months | 3.96% |
| Latest 24 Months | 24.87% |
| Annualised Since Inception | 15.07% |
| Inception Date | 30 September 2007 |
| FUM (millions) | AU$19 |
| Fund Overview | The CSL Active Long/Short Programme is an absolute return focused fund seeking an efficient exposure to commodities. The fund operates in deeply liquid global commodity markets using systematic processes that enable it to be long or short in any individual market with a modest level of gearing employed. The portfolio systems manage positions in trending or mean-reverting markets as they rise or fall, with a core emphasis on risk management and capital preservation across every aspect of the process. |
| Manager Comments | Please note: the returns for the CSL long short programme find that of management and performance fees.
Performance was strong across the boardbut particularly so in silver, cotton, and corn, each of which contributed over 1%to the overall result.
Losses were minimal, both in number and size, and liimited to wheat and natural gas. |
| More Information | » View detailed profile of this fund |
