| Report Date | 10 January 2011 |
| Manager | Headland Investment Management |
| Fund Name | Headland Global Diversified Fund |
| Strategy | Global Macro |
| Latest Return Date | December 2010 |
| Latest Return | 3.20% |
| Latest 6 Months | 15.12% |
| Latest 12 Months | 11.26% |
| Latest 24 Months | 15.59% |
| Annualised Since Inception | 7.66% |
| Inception Date | 01 November 2006 |
| FUM (millions) | AU$2 |
| Fund Overview | The Headland Global Diversified Fund invests in a diverse pool of price trends in global bonds, currencies and commodities. The investment strategy allows both long and short exposure to the underlying assets. The Fund may have exposure to global fixed income, currency markets and commodities such as industrial and precious metals, energy, and agricultural products. The Fund only invests in the mature and established markets of North America, Europe and the Asia Pacific region. |
| Manager Comments | Headland finished 2010 with a strong December result on the back of short US$ positions, and gains in soft commodity prices due to adverse weather conditions.
The fund was short the US$ vs the A$, Swiss Franc and the Yen. Commodity gains came from long gold positions, and long positions in wheat, coffee and cotton. |
| More Information | » View detailed profile of this fund |
