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