Published:
Commodity Hedge Funds Deliver Mixed Reults In August According To Gardner MacroIndex Performance
ZUG, Switzerland (EWORLDWIRE) Oct 10, 2008
Gardner Finance AG (Gardner) has released the August 2008 performances of its family of commodity hedge fund indexes - the Gardner MacroIndex Family. The Indexes are based on the performance of various underlying hedge fund strategies and provide a proxy for hedge fund performance across the space.
"August performance was mixed in what proved to be yet another volatile and difficult month overall," stated Mr. Michael Laznicka, president of Gardner Finance, AG. "Areas such as minerals and metals, shipping and power trading finished the month positively, while green and broader commodity and energy strategies were again negative. Overall, however, the performance of the Gardner MacroIndex Family continues to be better than that of many other comparable Commodity Indexes."
The performance of the Gardner MacroIndex Family in August and year-to-date continues to outperform the general performance of both commodities and equities. Mr. Laznicka attributes this to Gardner's expertise in commodity investing in particular and its tried and tested due diligence, manager selection and management strategies.
Gardner MacroIndexAugustYTD
Gardner Energy MacroIndex (GEMI)-0.69%-3.24%
Gardner Commodity MacroIndex (GCMI)-1.47% 0.53%
Gardner Agriculture Livestock MacroIndex (GALMI)-2.25% 0.84%
Gardner Minerals Metals MacroIndex (GMMI)+0.52%-1.69%
Gardner Green MacroIndex (GGMI)-1.14%-10.1%
Gardner Power MacroIndex (GPMI)+1.25% 4.66%
Gardner Shipping MacroIndex (GSMI)+0.56% 2.34%
About GEMI
Energy is the cornerstone of modern life and offers immense investment potential. For this reason, Gardner Finance has developed the Gardner Energy MacroIndex (GEMI). Its aim is to cover the entire value chain of energy generation. The GEMI Index is unique to the market place as no other active hedge fund performance index product has such a strategy or composition. Its objective is to provide investors with a macro view on global energy markets by looking at the performance of selected investment vehicles belonging to the investment class, Energy Hedge Funds. Objective criteria, arranged in a proprietary selection matrix, are applied in selecting the energy hedge funds to be included in the Index as components. The Index includes components representative of a careful hypothetical investment in the investment class "Energy Hedge Funds" to make it suitable for use as a benchmark by investors in international energy markets. More information on GEMI can be obtained at 'http://www.macroindex.com'.
About Gardner Finance AG
Gardner Finance has a strong history of providing its clients with innovative financial solution platforms that cover a wide range of financial industry products in the commodity trading, public/private equity and public/private debt markets. Gardner Finance AG focuses on and is a recognized specialist in the natural resources investment sector where it employs its extensive knowledge of commodity investment products in the Energy, Agriculture, Metals & Materials sub-sectors. Gardners objective is to enable a comprehensive exposure to the commodity sector with its MacroIndex family of Indices whilst simultaneously smoothing out the inherent volatility and cyclical nature of these markets.
To learn more about Gardner Finance AG and our products, visit 'http://www.gardner.ch' and 'http://www.macroindex.com'.
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Mr. Michael Laznicka
President
Gardner Finance AG
Zug, CH-6300
Switzerland
+41(41)726-3200 (phone)
laznicka@gardner.ch
www.gardner.ch
Tags: Hedge Funds, Energy Hedge Funds, Alternative Investments, Commodity hedge funds, Commodity Indexes, Commodities, Commodity Hedge Funds, Commodity Fund of Hedge Funds, GEMI, Gardner Finance,,Switzerl and ,
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