Quant Asset Management's (QAM) Asian Equities Fund was up an impressive +12.44% in May, the third consecutive month the Fund has posted a solid gain after heavy losses in January and February.
1 yr return: -19.79%. Annual (Apr 2004): +16.16%
The Fund, which ended March most heavily invested in South Korea, Japan and Hong Kong, continued to enjoy the rallies in the equity markets of these countries during the month. The return of the Fund since inception now stands at +116.8%.
