Trident Fund LP commentary for the month ended July 2021. Q2 2021 hedge fund letters, conferences and more The Trident Fund LP returned +2.2 percent in July, and the fund is +6.0 percent net for 2021. Stock and bond markets were the main return drivers for Trident in July, when fifteen of the nineteen markets traded were profitable. Commodities trading, however, recorded their first losing month of 2021 as crude oil experienced extreme volatility. On the winning side, European fixed income was the main source of Trident’s performance, followed closely by U.S. equities, mostly the Nasdaq. Among Trident’s three models,…
Trident Fund LP July 2021 Commentary
Jacob Wolinsky is the founder of HedgeFundAlpha (formerly ValueWalk Premium), a popular value investing and hedge fund focused intelligence service. Prior to founding the company, Jacob worked as an equity analyst focused on small caps. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds.