Mixed fortunes for commodities funds


Commodities-focused funds produced very mixed returns in October.

Investec Global Commodities and Resources led the pack with a 6.17% gain, while Cumulus Energy returned 5.01% and Tiberius Absolute Return Commodity was up 3.34%.

Armajaro Commodities returned 2.11% and Galena Metals was up 1.23%, while Threadneedle Apex Commodities made 0.98%.

Loss-makers included BlueGold Global, which took a 7.40% hit, and Krom River Commodity Systematic, which was down 6.63%. Armajaro STS Commodities was off by 3.58%, and A2CT2 Systematic lost 1.92%.