The estimated June 2006 return for the Fimat Volatitlity Arbitrage Median is 0.83 per cent, a significant gain on the May return which was 0.20 per cent.
The following programs have been included in the calculation of the FVAM:
- April 2006: KPG Investments Asia Gamma Fund.
- May 2006: AM Investment Partners V Fund; Montrachet D3 Partners Fund. Also, as of May 2006, Titan Global Volatility Fund Class M replaced Titan Global Volatility Fund in the FVAM calculation.
- June 2006: Acorn Derivatives Management Corp - ADMC Absolute Return Strategies
This now brings the number of FVAM constituents to 11. They are as follows:
- ABC Square - Sigma Square;
- AM Investment Partners V Fund;
- Estlander & Ronnlund Global Volatility;
- KPG Investments - Asia Gamma Fund;
- Lynx Arbitrage Fund;
- Montrachet D3 Partners Fund;
- SGAM Global Volatility Fund;
- Shooter Multi Strategy Fund;
- Titan Global Volatility Fund Class M;
- Turtle Fund;
- ADMC Absolute Return Strategies.