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From Komfie Manalo, Opalesque Asia:
Tiberius’s June 2009 Market Commentary report said that for the major commodity indices, June came in the same way that May went out – with a dramatic upswing. But this only lasted until mid-month or so, before the technical correction Tiberius had predicted in its last market report set in. All in all, this caused the indices to return more or less to their starting point as of the end of May, which left the DJUBS Commodity Index (DJUBS) with a slight minus of 0.4% at month’s end.
Switzerland-based Tiberius Asset Management provides active management of commodity futures along with sophisticated, excess-value generating funds covering all angles of the commodities sector.
The Dow Jones - UBS Commodity Index was up 3.74% in the first half of 2009. In terms of sectors, the Dow Jones - UBS Industrial Metals Sub-index had the strongest gain of 36.87%.
Performance of the active commodity funds
After a series of very good months, Tiberius’ actively managed, long-only commodity funds had a slightly negative month in June. This applied to both absolute and relative performance. In absolute terms, the results were as...................... To view our full article Click here
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