Commodities fare poorly too with few funds posting positive returns


Given the general sell-off in risk assets, it was a tough month for commodities markets. Copper fell around 24%, corn was off 22%, Brent crude oil was down over 10% and even gold was down over 11%.

Few funds were positive, although a few managed decent returns: Pinnacle Natural Resources was up 5.81% to take year-to-date numbers to 1.56%, while Ermitage Resources was up 0.08%, putting year-to-date numbers at -7.47%.

Aurelian Global Resources was down 1% on the month to put year-to-date returns at 1.38%, while a -1.95% September put the Fitzwilliam Commodity Plus Dollar Fund at -8.4%