Managersichten SJB Surplus, SJB Substanz, SJB Erhaltung: Craton Capital Precious Metal Fund, WKN 964907, September 2015

September was a month of high volatility across many asset classes, with the gold market relatively tame in comparison. The Fund and benchmark were both in negative territory at month end, although recovered strongly into the new month. The sword which has been hanging over the head of gold and precious metals for the last three years did not fall in September as the US Fed held rates unchanged. The Fed pointed to a weaker global economy as the rationale for postponing a rate hike, although …

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