Newsletter May 2019
June 23, 2019
Legends Fund declined -0.95% in May, bringing performance for the year-to-date to 3.65%. This compares to -1.13% and 0.62% respectively for the HFRX Global Hedge Fund Index (euro hedged). While outperforming the markets, Legends Fund’s long biased managers suffered from a strongly negative equity market backdrop, with the MSCI World (eur- hedged) dropping 5.91% in May. Similarly, our energy focused manager got hurt by sharply lower oil prices. Positive results were booked in the global macro strategy, as well as through our market neutral equity managers.
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Newsletter October 2021
Legends Fund returned 7.15% in October, bringing the year-to-date performance to 54.14%.
Newsletter September 2021
Legends Fund returned -1.50% in September, bringing the year-to-date performance to +43.85%.
Newsletter August 2021
Legends Fund returned +3.00% in August, bringing the year-to-date performance to +46.04%.
Newsletter July 2021
Legends Fund returned +2.42% in July, bringing the year-to-date performance to +41.79%.
Newsletter June 2021
Legends Fund returned -0.96% in June, bringing the year-to-date performance to +38.44%.
Newsletter May 2021
Legends Fund lost 3.91% in May, bringing the year-to-date performance to +39.79%.
Newsletter April 2021
Legends Fund gained 7.24% in April, bringing the year-to-date performance to +45.47%.
Newsletter March 2021
Legends Fund gained 9.79% in March, bringing the year-to-date performance to +35.65%.