Both Commodity Strategies funds recorded impressive gains in May, the Long/Short Programme up +11.21%, and the Long Only Programme up +10.54%.
1 yr return (Long/Short): +4.78%. Annual (Oct 2007): +24.51%
1 yr return (Long Only): +1.93%. Annual (Dec 1999): +12.47%
Energy commodities were the key contributor to overall performance for both funds. In particular, RBOB gasoline, crude oil and heating oil performed strongly. The only negative performance came from strategies in aluminium, natural gas, cocoa and cotton, with the largest individual negative return being less than -0.5%. Both results are subject to final confirmation from the Funds' administrator.
The cumulative return now stands at +694.2% for the Long/Short Programme, and +203.18% for the Long Only Programme.
