Broad dispersion in commodities


June was a tough month for commodities managers, with most in negative territory. On a year to date basis, the returns are very mixed.

Diapason Long Short Agriculture returned 4.75% in June, but is down over 14% this year. Krom River Commodity Systematic made 2.11% in June and is down 3.52% YTD; sister fund Krom River Commodity was down 20bp in June, but is up 2% YTD.

The best half-year performer, Plenum Power Surge, is up 14.63% YTD and made 80 bps in June - while Galena Metals is up 6.33% for the year. Global Commodity Systematic B class has