NAV performance of long/short funds in June :
- LSF capital was - 13.4 %, sharp contrast from previous months due to its bets on energy and materials,
- Platinum International Fund was - 2.7 %, due to its successful bets on USD, short (?) and long Asia ex Japan,
- VG1 was - 2.1 % (at 1st of July vs end of May). Seems to be an improvement looking at - 20 % YTD for their NAV.
Main reason : probably the rotation towards tech.
Reminder performances in June
- S&P 500 : - 8.4 %
- ASX all ord : - 9.5 %
- AUD/USD : - 4.6 %.
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