RAB Capital has repaid $53 million to investors in its RAB Energy and RAB Octane funds so far this year, leaving just $30 million still to be paid compared with $160 million on 1 January 2009. The RAB Energy redemption class is now fully repaid, and the firm has begun to market the fund again, according to the latest trading update issued by RAB.
The RAB Energy fund hit difficulties in 2008, losing 59.85% that year. It rebounded in 2009 to return 83.92%, and was up 13.91% in the first quarter of this year. RAB Octane lost 31.73% in