Arnott Capital commentary for the month of May ended August 31, 2023.
The fund returned a positive 1.03% for the month of August 2023. Net exposure averaged 40% long, while gross averaged 102%. This brings our calendar year return to positive 1.86% and since inception return to positive 20.81% p.a. net of fees.
Q2 2023 hedge fund letters, conferences and more
Key positive contributors to fund performance was our long thematic position in Uranium, a long position in UBS Group AG and...