Apis Flagship Long/Short Fund Delivers 7.7% in February, Beating MSCI as YTD Return Hits 21.5%

The Flagship Long/Short Fund from Apis yielded a 7.7% gain in February. With 12.8% that the fund posted in January, YTD performance is currently standing at 21.5%.

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In contrast, MSCI, the comparable index, climbed 4.3% for the first two months of 2026.

In a letter shared with Hedge Fund Alpha, the team pointed out the long book outperformance. While short positions provided modest gains, the fund saw positive performance across all geographic regions, led by North America. Sector-wise, memory and gold-related positions came on top, spurred by rising bullion prices and surging AI demand. Tech, industrial, and material holdings contributed up to 5% gross to portfolio performance. Monthly gains were trimmed...