Pedge Fund performance - 200811

Just a quick post to relate the performance of PedgeFund for the month of November. October is available here.

Pedge Fund USD
November performance: +5.4% (gross, approx)
Year to Date performance: +50% (gross, approx)

  • Gains thanks to the precious metals (long gold and silver)
  • Losses on long equities
  • Losses on short treasuries
  • Was in holiday the last week of November, where substantial volatility occurred (and the losses on the treasuries).
  • Little support thanks to dividends and put options on the dow
That's it really!

No comments: