Aurora Funds Management's Infrastructure Buy-Write Income Trust, managed by Talon Infrastructure, reported a return of +1.58% for November, bringing its performance since inception (December 2007) to -2.49% and its YTD performance to -2.55%.
This result compares favourably to the UBS Global 50/50 Infrastructure and Utility Index, which returned -34.3% since the trust's inception. The trust aims to generate positive returns from investing in listed infrastructure entities worldwide, through active derivatives trading. The positive performance in November was due to positive performance in the trust's US positions, offset partially by negative returns on UK and European positions.