Boronia Diversified on the up again


Markets showed a bit more sustained momentum in May, making it a gratifying month for fund managers who had been frustrated by risk on/risk off, whipsaw markets earlier in the year. That was certainly the case for The Boronia Diversified Fund, which posted a gain of 10.24% during the month and recorded 17 profitable trading days out of 23.

The fund, managed by Australia-based Boronia Capital, said in the monthly commentary to investors that it was pleasing to see the resumption of periods of sustained momentum, which enabled the firm’s short- and medium-term systems to take profits.