The Blue Sky World Fund recorded an impressive +6.25% gain in February, due to strong returns in its Asian Pacific equities (+5.16%) and index futures (+6.26%) positions.
Negative returns in FX and North American equities partially offset February's return. This result brings the Fund's 2009 return to +3.39%, after it posted a loss of -3.96% in 2008. The Fund ended February with significant short exposures in equities and equity index futures, a small long exposure in commodity futures and no exposure on currency futures.
