June was an excellent month for our strategy. It showed the reason of being of the fund, equity markets went down by more than 2% and the fund delivered a positive return of 0.65%.
Almost all kind of strategies contributed to the positive result. Only Equity Long Short lost almost 3%.
We also made steps to decrease our level of cash in favour of CTA investment.
During the next months we have the aim to be fully invested. But safety first, to do our homework in due diligence takes time. Mostly by waiting on the requested information from accountants and other external parties involved in the compliance and control of the targeted funds.