As of 29 October the Salus Alpha Directional Markets VT heads the list of Salus Alpha Funds with a 1.97 per cent month-to-date return.
The fund has returned 7.93 per cent since the beginning of 2010.
The Salus Alpha Managed Futures was up 1.48 per cent for the month to date. The CTAs, global macro and FX managers in the Salus Alpha Managed Futures portfolio profited by continuing trends in equities, FX, interest rates and financials.
The Salus Alpha Commodity Arbitrage rose 1.34 per cent for the month to date. The fund’s result surpassed the result of the Dow Jones/Credit Suisse AllHedge Managed Futures Index by 1.04 per cent, which had a return of 0.30 per cent.
The Salus Alpha RN Special Situations rose 1.33 per cent for the month to date. The fund’s performance for the period was 1.80 per cent higher than the performance of the HFRX Event Driven Index.
The Salus Alpha Real Estate gained 1.03 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.
Positive results were also given by Salus Alpha Multi Style (0.66 per cent), Salus Alpha Event Driven (2.78 per cent year-to-date ) and Salus Alpha Equity Hedged (3.22 per cent year-to-date).
SA FX Strategies fell 0.32 per cent for the month to date. The managers incurred losses due to the dollar’s strength versus the South African Rand, Brazilian Real and Russian Rouble, and due to the USD devaluation versus the Swiss Franc.
