Choice Equities Capital Management letter to investors for the first quarter ended March 2023.
Q1 2023 hedge fund letters, conferences and more
Dear Investor:
May 2, 2023
I hope this letter finds you well. Choice Equities Fund generated gains of +1.0% on a net basis in the first quarter. This compares to the Russell 2000’s +2.7% gain for the quarter and the S&P 500’s quarterly gain of +7.5%. Since its inception in 2017, the fund has generated annualized gains of +14.7% versus +6.0% and +12.2% for the Russell 2000 and S&P 500, respectively.
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