July 2017: Altaica Alpha Stategies Fund: -0.93%

By August 22, 2017Altaica Alpha Strategies

Just as last month the weakening of the US Dollar more or less wrecked the performance of the portfolio. Calculated in US Dollar the portfolio performed nicely with a gain of 1.81%.

However in Euros we lost almost 1%, due to the depreciation of the US Dollar.

Within the portfolio there was one fund losing double digit. This highly aggressive CTA manager was hard hit by the turmoil on the markets.

At the other side, most of the managers were able to deliver in a positive way to the portfolio. The strategy Long/Short equity performed positively, also in Euros.