Attunga Capital reported positive gains for September achieving 4.72% (YTD 15.19%) and 0.06% (YTD 2.62%) in the Attunga Agricultural Trading Fund and the Attunga Enviro Opportunities Fund, respectively
The Attunga Agricultural Trading Fund primarily invests in global exchange traded soft commodity and agricultural derivatives and securities, with a focus on relative value and other trading strategies. Attunga took advantage of continuing high volatility in commodity markets which they commented was as much due to the credit crisis fallout as fundamental factors.
The Attunga Enviro Opportunities Fund primarily invests in derivative products, mainly focusing on the Australian National Electricity Market (ETC and OTC), but with a mandate which includes CO² emissions, weather, gas, water and other energy and environmental related markets. Attunga reported a quiet month on power markets resulting in the nominal gain.
