In what has been a tough first seven months of the year, the global multi-strategy funds of funds sector median was up 0.4%, following a 0.21% gain in July.
Commodity trading advisor exposure seems to have given protection for some amid volatile market conditions. Arrow Maple Leaf Fund was up 1.99% to leave three-month numbers at -1.97% and year to date the fund is down 1.27%. Caliburn Strategic saw a 1.87% July, putting three-month figures at -5.04%, but its performance over the last 12 months is up 10.09%.
Yankee Multi-Manager Fund was up 0.87% on the month to