Comus Investment, LLC performance update for the third quarter ended September 30, 2022.
Dear Partners,
In the third quarter of 2022, our investments experienced a total return of -2.25% before fees and -2.88% after fees, versus -4.88% for the S&P 500 index. At this point, you will have received reports with the details on your balance, fees, holdings, and performance from InteractiveBrokers for the past quarter.
Foreign markets have been substantially more challenging than America’s this year, with Hong Kong’s indices experiencing a 50% decline from their recent peak, and now trading at levels unseen since early 2009 after dropping over 20% this quarter alone. With more than half our portfolio in that market,...
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