Commodity funds thrive as CTAs slip back


Many commodities-focused funds posted strong gains in January while managed futures funds generally had more mixed fortunes.

EuroHedge new fund award-winner BlueGold continued its stunning run, adding 12.80% for a stellar return after its first 12 months of 248.8%.

RAB's Gold Plus Fund continued to reap the benefits of the global flight to safe assets, adding a hefty 8.30% in January for a three-month gain of 40.15%, while Hinde Gold also benefited from the appreciating precious metal to rise by 6.3%.

Investec's Global Commodities and Resources Fund added 4.54%, bringing its three-month return to roughly flat territory. Galena Metals