Kernow Asset Management tear sheet for the month ended October 31, 2024.
The strategy returned 2.0% despite the new UK chancellor robbing Peter to pay Paul.
At least AIM is Paul and not Peter. These UK-listed smaller company stocks breathed a sigh of relief, with the budget revealing a halving of IHT relief, not a complete removal. Our tactical shorts here did not work. Cue the small violin.
Our positive monthly performance came from the big shorts we mentioned last month. One is...
