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Alta Fox Opportunities Fund Q3 2024 Letter: Update On REV Group Thesis

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HFA Staff
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Alta Fox Opportunities Fund

Alta Fox Opportunities Fund commentary for the third quarter ended September 30, 2024.

Limited Partners,

In Q3 2024, the Alta Fox Opportunities Fund ("the Fund") produced a gross return of 5.65% and a net return of 4.16%. The Fund's average beta-adjusted net exposure during the quarter was 62.85%.

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Since inception in April 2018, the Fund has produced a gross return of 808.14°A and a net return of 482.12% compared to the Russell 2000's return of 59.25% and the S&P 500's return of 143.73%.

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