MTM Returns 17.93% for Quarter; +11.40% in December 2010

MTM finished the month of December with a +11.40% gain to add to the +0.83% increase in November.  Our benchmark, the S&P/ASX200 Accumulation Index, managed a +3.66% return to bring the Prime Momentum’s outperformance to +7.74% for the month.

Total return for the December quarter was +17.93% versus the S&P/ASX200 Accumulation Index +4.38% to bring the outperformance for the quarter to +13.55%. Total return since inception (August 2010) is +24.88% (versus the S&P/ASX200 Accumulation Index of +4.38%).  Total quarterly return to investors after all fees is +21.18%.