ALTIN, the $270m multi-strategy fund of hedge funds listed on the London and Swiss stock exchanges, today announces its entire portfolio of holdings as part of its continued commitment to full investor transparency.

ALTIN added one new manager to its portfolio in the second quarter of 2011, allocating 1% of the ALTIN Fund to AlphaMosaic SPC SP 10 Welton Global Directional, a managed futures strategy manager based in Carmel, California. With this addition, the allocation to managed futures within ALTIN increased from 3.09% as of 1 April 2011 to 4.09% as of 1 July 2011.

ALTIN’s defensive positioning helped protect the portfolio during Q2 2011, a period which saw sharp movements in markets. The massive snap back in commodities, triggered by increased margin requirements and profit taking, hit managers in the Macro silo. Bullish positions in energy were the main culprits for the strategy to suffer, albeit length in industrial commodities also led to losses. All of the managers de-risked their books but kept some exposure as their views over the mid term are constructive. The remaining strategies were largely flat for the period as the managers were quick to reduce risk.

ALTIN’s focus on nimble managers who can react quickly to market conditions paid off as the portfolio limited losses during the period.

ALTIN holds one of the world’s longest track records as an exchange-listed fund of hedge funds. It listed in Switzerland in 1996 and in London in 2001 and has an annualised return of +7.44 % since inception in December 1996, compared to +5.63% for the HFRI Fund of Funds Composite Index.

ALTIN has been performing very strongly in the last 12 month period. In the 12 months to end May 2011, ALTIN posted a net return of +13.61%, strongly outperforming the HFRI Fund of Funds Composite Index, which returned +6.98% in the same. ALTIN is highly diversified, investing in over 35 hedge funds focused on highly liquid strategies