Westland Commodities Strategic Income Fund Exceeds $1 Billion In Assets
Westland Commodities said it's Westland Commodities' Strategic Income Fund only just went beyond $1 billion in assets, twice the size in just a year.
- (1888PressRelease) November 09, 2012 - Westland Commodities Strategic Income Fund's Institutional Class is the only one in the multi-sector bond class to engender top-deciles rolling five-year returns over 45 successive months through October 2012, according to fund tracker and was the only fund in its category to deliver a positive return.
Established from its performance, the Institutional Class of the Fund is ranked in the 6th percentile for the 5-year interval through October, 2012 out of 232 funds in the multi-region bond category. Additionally, the Institutional Class in the 27th percentile for the 1-year period among 175 funds; and in the 36th percentile over 3-years among 189 funds. Shares of the Fund's Class A, which was introduce in November 2006, are ranked in the 38th and 47th percentiles over 1 and 3 years correspondingly all through October, 2012.
"In this long-term low-interest-rate setting, bond managers have to be resourceful and adaptable in how we administer our portfolios to attain profit and manage risk," said Mr. Gerald Watson, CFO. "The Strategic Income Fund has accomplished that effectively and we're proud of the footing it has accomplished in the marketplace."
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