PAM MFSP Weekly Update – 27 February 2026
2026/2/27 Weekly Update
Performance Overview
As of 27 February 2026, MFSP A and B posted weekly performances of 2.71% and 2.71%, respectively. Month-to-date returns stood at 3.72% and 3.55%, while year-to-date returns 7.44% and 7.09%.
Sector Analysis and Attribution
Metals: The Metals sector showed divergent results. A long position in Gold remained highly profitable. However, the sector faced headwinds as a short position in Tsi iron ore cfr china futures acted as a significant detractor.
Energy: A short position in Henry hub natural gas was a key contributor to the MTD performance. Conversely, a short position in Eu co2 allowance acted as a detractor.
Foreign Exchange: Short position in Indian rupee/usd (sgx) acted as a significant drag during the week.
Agriculturals: This sector delivered notable positive returns in soft commodities and the soy complex, while grains and livestock struggled. Short positions in London cocoa and Cocoa were highly profitable. A long position in Soybean oil also performed well. On the downside, short positions in Soybean meal and Milling wheat, along with a long position in Live cattle weighed on the portfolio.
Equities: Longs in U.S. and Taiwan delivered strong return of the week. While longs in the Vaneck vectors jr. gold miners ETF also contributed positively to the period's performance.
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