Divergent returns in commodities and FX


Commodity funds produced mixed results, ranging from gains of over 5% to losses of over 10%. On the upside Cumulus Energy made 5.81%, Coeli Power Surge returned 5.37%, Sector EuroPower was up 4.80% and Krom River Commodity Systematic gained 3.24%.

BlueGold Global was flat at -0.20% (but is down 25% YTD), while Krom River Commodity lost 3.20% and Duet Commodities saw a loss of 3.76% - but is still up almost 28% YTD.

The biggest loser on the month was Investec Global Commodities and Resources (-12.74%), while others in negative territory included Galena Metals (-4.88%), IPM Commodity (-5.03%),