CVRF Looks To Activism, RMBS For 2014
Mitch Julis and Josh Friedman's Canyon Value Realization Fund Ltd (Class A shares) had 3.59% returns for the fourth quarter and 15.55% in returns for 2013 (both net fees) with a gross internal rate of return (IRR) of 27% and volatility of just 4.1%, compared to 8.5% for the S&P 500 (INDEXSP:.INX), according to a shareholder letter reviewed by ValueWalk. While its total returns didn’t keep up with the S&P 500’s incredible year, its stock . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible