The Salus Alpha RN Special Situations VT heads the list of Salus Alpha funds with a 5.13 per cent month to date return as of 30 July 2010.
The fund’s performance for the period was 4.23 per cent higher than the performance of the HFRX Event Driven Index.
The fund’s result surpassed the result of the Dow Jones/Credit Suisse All Hedge Event Driven Index by 4.57 per cent, which had a return of 0.56 per cent.
The fund is up 7.53 per cent since the beginning of the year 2010.
The Salus Alpha Real Estate rose 2.77 per cent for the month to date. Salus Alpha Real Estate is a single manager single strategy fund, which invests according to Salus Alpha’s proprietary global real estate model. The fund has outperformed the Epra/Nareit Real Estate Index by 24.85 per cent since inception on 21 January 2008.
The SA FX Strategies rose 2.62 per cent for the month to date. SA FX Strategies outperformed the FTSE Hedge CTA/Managed Futures Index by 2.61 per cent in the reporting period. The performance of SA FX Strategies was 6.67 per cent better than the performance of HFRX Macro Index. The product’s result surpassed the result of the Dow Jones/Credit Suisse All Hedge Managed Futures Index by 2.32 per cent, which had a return of 0.30 per cent. The product outperformed the industry benchmark Barclay BTOP FX Index by 2.61 per cent. The index had a return of 0.01 per cent.
The FX Managers in the SA FX Strategies Portfolio profited by the US dollar’s strength versus the Danish Krone and Euro. They also profited by the dollar’s weakness versus Japanese Yen and Brazilian Real.
The Salus Alpha Equity Hedged rose 0.68 per cent for the month to date, while the Salus Alpha Event Driven rose 0.40 per cent for the month to date.
The Salus Alpha Multi Style rose 2.80 per cent for the year to date until 30 July 2010, outperforming the S&P 500 Index by 4.02 per cent. The fund’s performance was 2.72 per cent above the performance of HFRX Global Index for the period. The fund’s result surpassed the result of the Dow Jones/Credit Suisse All Hedge Index by 3.22 per cent.
The Salus Alpha Directional Markets was up 1.35 per cent for the year to date, outperforming the S&P 500 Index by 2.57 per cent. The performance of Salus Alpha Directional Markets was 0.99 per cent better than the performance of HFRX Systematic Diversified Index.
The Salus Alpha Managed Futures rose 5.78 per cent for the year to date until 30 July, outperforming the S&P 500 Index by 8.00 per cent. The fund’s performance was 9.65 per cent better than the performance of the HFRX Macro Index for the period. The CTAs, global macro and FX managers in the Salus Alpha Managed Futures portfolio profited by continuing trends in financials, FX and interest rates.
The Salus Alpha Commodity Arbitrage fell 1.92 per cent for the month to date. The performance of Salus Alpha Commodity Arbitrage was 2.13 per cent better than the performance of HFRX Systematic Diversified Index.
