Headland's Global Diversified Fund completed 24 months track record with a positive October performance of +0.22%, bringing 2008 YTD to +1.31%, after moving substantially to guaranteed bank deposits to avoid the risk of volatile markets.
Citing extreme volatility in multiple markets, Headland's CIO Jerry Pressnell remained committed to capital preservation with 98.8% of the Fund's assets in bank deposits covered under the Australian Government's recent guarantee.
Headland has returned 8.28% annualised since inception and invests in bonds, currencies and commodities to provide wholesale investors an alternative strategy designed to provide a low correlation to equities.
