Of the four funds run by Attunga Capital their Enviro Opportunities Fund was the top performer in June. The fund gained +1.6% for the month and has recorded a solid gain of +12.31% for the year so far.
1 year return: +2.61%. Annual (Aug.2006): +39.4%
The manager reports that electricity prices have been relatively low due to winter in NSW being comparatively mild and opportunities remain for generating better returns if there is greater market volatility through the middle of winter.
June returns for Attunga's other funds were: Power & Enviro Fund (offshore), +0.45%; Agriculture Trading Fund, +0.6%; and Agriculture Trading Fund (offshore), +0.47%.