Choice Equities Capital Management letter to investors for the third quarter ended September 2022.
Q3 2022 hedge fund letters, conferences and more
I hope this letter finds you well. Choice Equities Fund generated losses of -1.7% on a net basis in the third quarter, taking the year-to-date performance to -35.8%. This compares to the Russell 2000’s -2.2% loss for the quarter and -25.1% loss year-to-date and the S&P 500’s loss of -4.9% for the quarter and -23.9% loss year-to-date. Since its inception in 2017, the fund has generated annualized gains of +14.7% versus +5.0% and +10.5% for the Russell 2000 and S&P 500, respectively.
EXECUTIVE...

