Newsletter November 2018
December 15, 2018
Legends Fund posted a 1.45% loss in November. Losses were concentrated with some of the relative value focused funds as a
deleveraging wave hit markets and funds with large gross books suffered disproportionately. Another driver of the negative return in
November was the fact that discounts in our listed Pershing Square and Third Point positions widened significantly during the month,
further contributing to their already attractive valuations.
More News
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%.