Alluvial Fund performance update for the month ended July 2020.
Dear Partners and Colleagues,
Alluvial Fund, LP returned 7.6% in July, compared to 5.6% for the S&P 500 and 2.8% for the Russell 2000. Year-to-date, Alluvial has returned 1.7% versus 2.4% for the S&P 500 and -10.6% for the Russell 2000. Since inception, Alluvial Fund, LP has returned 42.0% compared to 56.8% for the S&P 500 and 14.3% for the Russell 2000.
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Alluvial Fund, LP is a value investing partnership with a focus on small companies and obscure securities, both domestic and international.
Regards,
Dave Waters, CFA
Alluvial Capital Management, LLC
