Commodity funds suffer amid wild markets


Duet Commodities ended the first half way ahead of its peers in the struggling commodity sector, with a six-month gain of 28.08% after returning another 7.10% in another volatile month for commodity markets in June.

While some funds are comfortably up in 2011 – among them Barak Structured Trade Finance, Galena Metals and A2CT2 Systematic – the majority are in negative territory, with several showing double-digit losses.

The biggest losers on a six-month basis are BlueGold Global, with a 15.10% loss YTD after losing another 5.2% in June, and Sector Europower, down 14.21% after a loss of 7.37%.