Moominmama Portfolio Performance September 2011

The portfolio got slammed this month by a double whammy - stock markets fell with the MSCI World Index falling 9.4% and the US Dollar rose sharply with the Euro falling more than 9% and other currencies by smaller amounts. The loss was 6.55%. The least badly performing areas were hedge funds and commodities. The Man/AHL managed futures fund actually gained just under 1%.