Black Bear Value Fund update for the month ended November 30, 2019.
Q3 2019 hedge fund letters, conferences and more
Dear Partners and Friends,
- The Fund returned +6.1%, net, in November. YTD +7.2%, net.
- The S&P 500 returned +3.6% in November. YTD +25.5%.
- The HFRI index returned +1.3% in November. YTD +10.8%.
The timing of your investment could result in different returns, so please consult your statement which should be arriving shortly from our fund administrator.
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