“February 2008 was characterised by relatively high price increases in international commodity markets. The oil price broke through the psychological barrier of $100 and attained a new all-time-high of $103. At the same time the price per ounce of gold reached record highs of approximately $970. Experts attribute the recent rally of the gold price to the global weakness of the US

dollar, possible inflation threats and uncertainty in regard to the US economy. In order to benefit from the promising commodity development, we bought a fund that gives us exposure to both oil and gold.”