The Jaguar Australian Leaders Long Short Unit Trust was up +8.52% for May, and +23.23% over the past three months. The Trust's 2009 return now stands at +40.58%.
1 yr return: -25.93%. Annual (Mar 2003): +4.26%
This result is a remarkable turnaround from the Trust's 2008 performance, when it lost -33.96% over the calendar year. The manager noted the Trust's strategy was restricted somewhat during May due to the short selling ban, which impacted on overall performance. The Trust primarily bought in the industrial and financial sectors, and sold consumer staples and utilities.
