Roubaix Fund Composite May 2023 Performance Update

During May, the Roubaix Composite generated a net return of +2.48% relative to losses of -0.92% for the Russell 2000 Total Return Index and -0.03% for the HFRI Equity Hedge (Total) Index. On a year-to-date basis, the Roubaix Composite generated a net return of +10.31% relative to a total return of -0.04% for the Russell 2000 Index and +2.51% for the HFRI Equity Hedge (Total) Index. Average daily net exposure during May was 39.61% compared to a 43.82% average since inception in January 2010.

Q1 2023 hedge fund letters, conferences and more

U.S. large cap stocks continued to outperform in May as investors bid up mega-cap technology stocks that could...