This was our first introduction to the strategy. In doing the background research the first thing to note is that this fund is very hard to find and obtain any information about. It is domiciled in Luxembourg and therefore may not be accessible to UK investors.
However, we can access some performance information and some information on the fund from ft.com. The performance against the global index is poor but that reflects an asset class that is out of favour.
They believe that is about to change and we are entering a cyclical bull market for commodities. With the desire to weaken the dollar this only strengthens the case as a weak dollar supports higher commodity returns….read more