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Hedge Fund
Ridgedale Commodity Solutions Newsletter - March 2024
March 2024 - Hedge Fund
Ridgedale Commodity Solutions Newsletter - March 2024
MANAGER COMMENTARY
Our commodity solutions all had a positive first quarter of 2024, even as our performance was mixed in March. Our RMAC Index Plus led the way with positive performance in March (+1.06% in March, +3.40% YTD), while our RMAC Alpha 1x gave back some profits (-1.23% in March, +2.32% YTD) en-route to a profitable start to the year.
Our convergent (risk on) portfolio was the main driver of performance across both strategies, as posi