Funds of Hedge Funds Performance

Sanctuary excels with 2009 figures


Mellon Global Alternative Investment's $235 million Mellon Sanctuary Fund is so far storming towards year end with performance to date of 12.34%, and was up 2% for September. Of the 19 managers in the portfolio, 17 managers were positive contributors with the best performing up 8.26%. The largest manager allocation in the portfolio is 7.52% of total assets.

Mellon Sanctuary Fund, which has six currency share classes, has returned 28.23% since inception in July 2001, with 73% of months positive. The newest share class launched in January 2009 is in yen. In terms of asset allocation, convertible arbitrage