| Report Date | 12 November 2009 |
| Manager | Commodity Strategies |
| Fund Name | CSL Active Long/Short Programme |
| Strategy | Commodities/CTA |
| Latest Return Date | October 2009 |
| Latest Return | 4.90% |
| Latest 6 Months | 18.32% |
| Latest 12 Months | 15.63% |
| Latest 24 Months | 40.91% |
| Annualised Since Inception | 22.76% |
| Inception Date | 30 September 2007 |
| FUM (millions) | AU$19 |
| Fund Overview | The CSL Active Long/Short Programme is an absolute return focused fund seeking an efficient exposure to commodities. The fund operates in deeply liquid global commodity markets using systematic processes that enable it to be long or short in any individual market with a modest level of gearing employed. The portfolio systems manage positions in trending or mean-reverting markets as they rise or fall, with a core emphasis on risk management and capital preservation across every aspect of the process. |
| Manager Comments | Commodity Strategies reported an estimated return of 4.90% for their long/short portfolio in October with energies, and to a lesser extent metals, contributing significantly to the strong result.
The strong performance was also driven by limited losses, mainly from the agricultural and grain sectors.
Commodity Strategies also reported a strong month for their long only portfolio, with energy, metals and grains all contributing to the overall performance. |
| More Information | » View detailed profile of this fund |
