Alluvial Fund commentary for the third quarter ended September 30, 2018.
Q3 hedge fund letters, conference, scoops etc
Dear Partners,
For the quarter just ended, Alluvial Fund returned 3.2% compared to 7.7% for the S&P 500 Index and 3.5% for the Russell 2000 Index. Through the end of September, Alluvial Fund was up 5.2% compared to 10.6% for the S&P 500 Index and 11.5% for the Russell 2000 Index. It is not my regular habit to comment on market moves beyond the scope of these quarterly retrospectives, but I feel partners deserve an update given October’s downdraft. As I write, the small-cap Russell 2000 Index is down 13.3%...


