Performance profile: Traxis springs back after tough first half

Wed Feb 1, 2006

Being positioned net long in equities, particularly outside the United States, helped Barton Biggs' Traxis Fund pull out a solid performance in 2005. The $1.55 billion portfolio netted an estimated 12.42% for the year, handily beating the Absolute Return Macro Index, which ended the year up 7.61%. Traxis also outperformed the benchmark MSCI All Country World Index, which climbed 11.37%.

ISSN: 2151-1845 / CDC10004H

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