Dexion Commodities Fund Faces Continuation Vote

Jun 10 2010 | 1:02pm ET

Dexion Capital will have to fight to keep its listed commodities hedge fund afloat.

The firm’s Dexion Commodities has traded at a discount of 5% or move for 12 months, triggering the shareholder vote. The continuation poll is set to take place on July 1, HFMWeek reports.

The vote comes just a year after the fund’s shareholders approved a reorganization that refocused the fund of funds on commodity and environmental hedge funds.

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