The Excalibur Absolute Return Fund was up +0.87% in March, the fourth consecutive month the Fund has posted a positive return. The largest loss posted by the Fund in the last 12 months was -0.94% in November 2008.
The Fund's 2009 return is +3.75%, following on from a 2008 return of +12.23%, with the largest monthly gain of +3.74% in December. The Fund trades AUD/JPY currency pairs using a 50/50 systematic/discretionary trading approach, and has a track record since July 2006.
