Newgate Capital Global Resources Portfolio Powers to a Six Year 15.6% Annualized Return

Newgate Capital Management LLC is pleased to report the six year anniversary of its Global Resources Portfolio. This commodity equity portfolio is available as an institutional separate account, commingled vehicle and through broker sponsored wrap platforms. Through April 30th, the Portfolio's six year annualized return of 15.6% is over 1,200 basis points higher than the S&P 500 Index and 1,400 basis points higher than the Dow Jones-UBS Commodity Index.

"We launched the Global Resources Portfolio six years ago because we believed that rapidly growing Asian domestic demand would become the dominant factor driving most commodities over the next decade," stated Newgate's Global Strategist James Trainor. "Fundamentally we were correct. Chinese demand has dominated world resource markets, with increasing demand from the rest of the emerging world beginning to surge.”

Chief Investment Officer Avy Hirshman notes the changing nature of the resurgence in natural resources. “This time last year, it was all about China and the weak US dollar. China will always be important to commodities, but the markets have been surprised by the strength of the US recovery. This is adding a whole chapter to the demand story that really hadn’t been considered. Commodities are a true global theme now.”

"Buying natural resource equities allows investors to avoid the contango that has diminished returns on most commodity futures," added Investment Director Matthew Peterson. "Some markets, especially natural gas, have been plagued by this steep forward curve that has hurt those who have purchased gas futures or exchange traded funds. Even many sophisticated investors can get burned by the technical issues involved with futures contracts."

About Newgate: Newgate Capital Management LLC is an independent, employee-owned investment advisor specializing in emerging markets and commodity related equity management. Based in Greenwich, Connecticut, Newgate provides professional money management services to clients, including major corporations, public and private institutions, individuals and mutual funds. Global market commentary and performance information are available at the company's website: www.newgatecapital.com.

Performance is presented net of management fees, commissions, and other direct expenses, but before custody charges, withholding taxes, and other indirect expenses. Any opinions expressed are subject to change without notice, and any statements of fact have been obtained from, or are based on, sources considered reliable, but no representation is made by Newgate as to their completeness or accuracy. This material does not constitute investment advice and should not be viewed as a current or past recommendation or a solicitation of an offer to buy or sell any securities or to adopt any investment strategy. Investing entails risks, including possible risk of principal. Past performance is no guarantee of future results. Performance may vary across accounts.