Wednesday, 29 June 2016
Last updated 7 hours ago
Jul 15 2011 | 11:15am ET
Volatility hedge funds did very well in June—to the exclusion of just about everybody else, according to Newedge.
Newedge's Volatility Trading Index added 0.89% last month (5.11% year-to-date), but was the only strategy in the black in June.
Commodity trading and commodity trend funds, by contrast, were the worst performers, shedding 3.37% (down 6.76% YTD) and 3.33% (down 6.75% YTD), respectively.
Overall, commodity trader advisers were down 1.69% on the month (down 3.96% YTD), while short-term traders lost an average of just 0.12%. Those two indices had a bright spot or two in a very, very dark month. The latter includes Revolution Capital's Mosaic fund as a constituent, a fund that rose 11.55% last month.
Unfortunately, second and third place fell to funds that added 0.8% and 0.75%, respectively. The CTA index's top constituent was IKOS Asset Management's foreign exchange fund, up 3.36% on the month.