Wednesday, July 01, 2009

Moominmama Performance June 2009



Moominmama had a 1.06% gain in June while the MSCI all country stock index fell 0.52% (beta to this stock index is estimated at 0.47). US stocks were the worst performer closely followed by commodities while bonds and hedge funds did well. Part of the bond performance is due to the rise in Sterling, which along with Asian and Brazilian stocks were solid performers. The loss in USD cash is due to investment management fees being charged in US Dollars on one of the accounts.

Moom and Snork Maiden's rate of return is currently looking to be about 3.7% due to the strong performance of Australian stocks this month.

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