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Threadneedle (Lux)-Enhanced Commodities AGH

Ranked 3 out of 4 in - Commodities over 12 months
All calculations are in GBP unless stated

Managed by

David Donora

David Donora joined Columbia Threadneedle in 2008 to establish its capabilities in Commodities and to develop a suitable product range to complement Columbia Threadneedle’s equity, bond and property offerings. He manages the Threadneedle (Lux) Enhanced Commodities fund and a range of portfolios for institutional and wholesale clients.David has over 30 years’ experience encompassing commodity and derivative trading roles. He has extensive experience of managing derivatives and OTC trading in FX and precious metals and is a specialist in the risk management of derivative commodity portfolios. Before joining Columbia Threadneedle, David was Head of OTC Derivatives at Refco Overseas, and he also held a range of senior roles at UBS and CIBC. David graduated from the University of Notre Dame with a BA in Finance.

Nicolas Robin

Nicolas Robin joined Columbia Threadneedle in 2010 and is the Co-Lead Manager of the Threadneedle (Lux) Enhanced Commodities fund and Columbia Commodity Strategy Fund. Nicolas brings both hedge fund and commodity index trading experience to the team. He started his career at Barep Asset Management (SG Group) in 2002, helping to set up a Commodity Arbitrage hedge fund desk. By 2005 he was Lead Manager and assets rose to $200 million. The strategy was focused on relative value strategies in commodities and aimed to take advantage of short-term dislocations in commodity forward curves. In 2006, Nicolas joined JPMorgan Chase to run the bank’s commodity index trading book. During his tenure, index assets under management trebled making JPMorgan Chase a leading index dealer. In his time at JPMorgan Chase, Nicolas was responsible overhauling the bank’s commodity index trading platform and driving the bank’s effort into fully customisable commodity index solutions. He participated in the creation of the JPMorgan Commodity Curve Index (JPMCCI), the bank’s foray into second generation commodity indices launched in 2007. He also contributed to the development of the bank’s commodity customised indices and algorithmic strategies, looking at both momentum and curve based strategies. Alongside his commodity index trading responsibilities, Nicolas also ran a proprietary trading book across commodities, using both relative value and directional strategies with an emphasis on the energy complex. Nicolas holds a BSc in Government and Economics and a MSc in Political Theory from the London School of Economics

Objective

The fund seeks to achieve capital appreciation which is directly and indirectly linked to commodity markets. The Portfolio will invest in financial derivative instruments whose underlying instruments are commodity indices or sub-indices composed of futures contracts on physical commodities.

Showing fund performance in United Kingdom View performance globally

Performance

Commodities over : 31/05/2017 - 31/05/2018
  • Rank 3/4 Total Return
  • Rank 1/4 Standard Deviation
  • Rank 2/4 Max Drawdown
Fund Name Currency Return
1 Wellington II Commodities GBP S Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

15.2%

2 Investec Enhanced Natural Resources A Acc Net GBP GBP

12.0%

3 Threadneedle (Lux)-Enhanced Commodities AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

6.9%

4 Fulcrum Commodity I GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.8%

Fund Name Currency Risk
1 Threadneedle (Lux)-Enhanced Commodities AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

5.5

2 Wellington II Commodities GBP S Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

6.6

3 Fulcrum Commodity I GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

6.7

4 Investec Enhanced Natural Resources A Acc Net GBP GBP

15.6

Fund Name Currency Loss
1 Wellington II Commodities GBP S Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.8%

2 Threadneedle (Lux)-Enhanced Commodities AGH

Currency exposure is hedged

Currency exposure is hedged

GBP

-3.3%

3 Fulcrum Commodity I GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.1%

4 Investec Enhanced Natural Resources A Acc Net GBP GBP

-10.8%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -1.5%
2017 -1.3% -2.9% -4.1% 2.4% 3.6%
2016 9.9% 0.1% 12.7% -4.6% 2.1%
2015 -26.6% -8.1% 5.2% -15.2% -10.5%
2014 -21.9% 3.6% 0.2% -12.8% -13.7%
2013 -12.0% -2.4% -10.8% 2.1% -1.1%
2012 1.5% 5.6% -8.4% 11.1% -5.5%
2011 -5.3% 7.6% -4.9% -9.9% 2.7%
2010 11.8% 15.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Germany
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Portugal
  10. Singapore
  11. Spain
  12. Sweden
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date29/06/2010
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN LU0515768884
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management1.75%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).