VAM launches Commodities Equity fund

VAM Funds has launched a Commodities Equity vehicle to tap into the rapidly increasing demand for resources from the world's emerging economies.

The Ucits III compliant fund, launching in partnership with FF&P Asset Management, will invest in commodity related equities but will also aim to provide an additional protective layer by the aggressive use of cash and ETFs. The majority of the portfolio, between 30%-70%, will be in large cap stocks, in order to provide ample liquidity in declining markets. "Commodities have benefited from established demand in developed markets as well as increasing scarcity and demand from emerging markets which pushes prices higher," manager Jason Webster says. "The increase in expenditure in co...