| Report Date | 08 December 2009 |
| Manager | Commodity Strategies |
| Fund Name | CSL Active Long/Short Programme |
| Strategy | Commodities/CTA |
| Latest Return Date | November 2009 |
| Latest Return | 4.28% |
| Latest 6 Months | 11.50% |
| Latest 12 Months | 20.13% |
| Latest 24 Months | 51.00% |
| Annualised Since Inception | 24.18% |
| 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' Long Short Fund posted an impressive 4.28% return in November. Metals including gold, silver and platinum were the main positive contributors while nickel was the only metal to have a negative impact. Coffee, cocoa and gas oil were all down but other commodities such crude oil, cotton and corn offset those losses. |
| More Information | » View detailed profile of this fund |
