Q4 Strategic Opportunities Fund Commentary
The year 2023 was truly a remarkable year. We witnessed many events, from the multiple bank failures to the Hamas-Israel war and to the 10-year US rate hitting the 5% mark. Yet none of these could stop the magnificent seven from keeping the bull market going. Our portfolio delivered a positive performance of nearly 44% […]
Q3 Strategic Opportunities Fund Commentary
Our YTD performance for 3Q2023 closed at approximately 26.25%, slightly lower than the previous quarter. Our portfolio rose initially before the downdraft in September that effectively erased all the gains of the summer. Even though we focus on selecting businesses that we believe will deliver superior long-term value, we are not immune to the macro […]
Q2 Strategic Opportunities Fund Commentary
We ended the second quarter with a YTD positive performance of about 29%. Just after the market closed on 30 June 2023, Apple reached a market cap of 3 trillion Dollars, the highest ever achieved by any company to date. In this light, let us take this opportunity to address a major point of controversy […]
Q1 Strategic Opportunities Fund Commentary
In Q1 2023, the market experienced significant rare events, including the failure of Silicon Valley Bank and other regional banks in the US, as well as the forced merger of Credit Suisse and UBS. Despite the speed and rarity of these events, financial markets remained relatively calm, helped by the regulators’ prompt and forceful response […]
