Comus Investment, LLC performance update for the fourth quarter ended December 31, 2022.
Q4 2022 hedge fund letters, conferences and more
Dear Partners,
In the fourth quarter of 2022, our investments experienced a total return of 12.23% before fees and 11.60% after fees, versus 7.56% for the S&P 500 index. For the year, we were down 12.25% vs 18.11% for the S&P 500. At this point, you will have received reports with the details on your balance, fees, holdings, and performance from InteractiveBrokers for the past quarter.
Holding mostly Hong-Kong stocks, we just endured a local drawdown similar in magnitude to the 2008 financial crisis, with the Hang Seng index down 52%...

