After a 18.8% gain in the first two months of 2026, Equitile Resilience Fund declined by 8.4% in March. After the first quarter, the portfolio performance stands at 9.7%.
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Currently, the fund’s assets under management are $117 million, of which almost 70% is invested in the Mining and Energy sectors.
Monthly Commentary
The hedge fund’s management pointed out that the war with Iran has both short-term and long-term consequences. In the short term, inflation is boosted by a shortage of energy and petrochemical products; stock markets fell throughout March, which the portfolio followed with a dip in performance.
In response to these geopolitical pressures, central banks and investors were forced to sell parts of their precious metal supplies and convert them to US dollars. This triggered a stock value downturn in the precious metals miners sector. Equitile Resilience has a 38.5% allocation to the sector, which was in large part responsible for the monthly loss. However, these losses were partly offset by gains from Energy sector exposure.
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