TRADING STRATEGY IN LINE WITH BENCHMARK
Similar to the previous month, the Notos Maritime Strategy Index fell more or less in line with its benchmark, the Dow Jones Global Shipping Total Return Index. Altogether, the trading strategy and its benchmark have lost as much as 26 and 27 percent, respectively, since the beginning of this year.
Our exposure continues to focus on the crude- and gas-tanker market. Although these markets were the first to suffer severely from the downturn, we still managed to outperform the benchmark. Thus, we believe our portfolio to be well positioned once the markets start to recover.
Please do not hesitate to contact us if you wish to know more about our trading strategies.