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Friedberg Global Macro Hedge Fund finally reaps rewards for bearish positioning, up +10.06% for July
Monday, August 06, 2007

An investor communication obtained by Toronto based NIAGARA   CAPITAL   PARTNERS   LTD., a third party marketer for Friedberg, says “the skepticism we have held since January was partially vindicated this month.  Much of the return was attributable to crises in credit markets. We believe a widening of the crises is likely.

The Friedberg Global Macro Hedge Fund was up 10.06% in July, pushing its YTD up to 5.77%. The fund was launched in December 2001.

Niagara Partners elaborates on the temporary suspension of subscriptions, which Opalesque already reported las......................

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