Snapshot The Alluvium Global Fund (Fund) posted a net return of 17.6% over the six months ended December 20161 . The longer term net returns of the Strategy, in Australian dollars (AUD), as well as some alternatives are shown below:1, 2, 3, 4 Figure [...]
Sometimes friends like to discuss the general market conditions. Recently one of my mates commented that things must be great given the prevailing booming market. I concurred, agreeing the Fund was performing well, but I also mentioned I’m not terribly excited by it all, because we tend to [...]
We would like to share with you a new item on our investment checklist. We refer to it as our “comfort test” and it is a subjective overlay that provides an “escape clause” from the strict rules that otherwise would stipulate we invest in a company. It [...]
