Dispelling Hedge Fund Myths Part II

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Summarised audited consolidated financial results
13th May 2015
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Emira appoints Geoff Jennett as CEO
4th August 2015

Dispelling Hedge Fund Myths Part II

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Altrenative Real Estate Newsletter - Dispelling Hedge Fund Myths Part II

NEWSLETTER MAY 2015

Our hedge fund, The Select Opportunity Fund, returned a -5.69%* for the month, while our unit trust, The Altre BCI Real Return Property Fund, returned -4.92%*. The South African Listed Property Index declined -5.93% for the month. Following better than expected Job Numbers out of the United States, bond yields spiked across the globe, sparking a sell off in equities. South African was certainly not spared as our general equities, property equities, bonds and currency all ended the month of May in the red.