Performance
Growth of $1m since November 2022, before fees.
The fund beside currency and commodity market references, all rebased to the same starting investment. Everything on this page is historic; nothing is a forecast.
Fund values are monthly, from the administrator's net asset value, shown before fees. Data to June 2026. Market references are rebased to $1m at the fund's first month and do not reflect fees or costs of investing in them.
About the comparison
Why these references, and not an equity index.
Currencies
The fund trades the most liquid currency pairs, so the natural market reference is the dollar itself. The Federal Reserve's trade-weighted index is public data and needs no licence to show.
Commodities
A broad commodity index tracking fund stands in for the commodity market. It is an investable instrument with public prices, so it can be shown without an index licence.
Peers
Indices of currency and commodity trading managers exist, but they are licensed products and are not shown here. The market references above carry the public comparison.