Iolite Partners Q3 Letter: Thoughts on portfolio positioningVW Staff
For the quarter ended September 30, 2014, Iolite Partners' portfolio returned net +5.5% in EUR (-1.3% in USD). Since inception on October 1, 2008, the portfolio has generated net cumulative returns of +145.5% in EUR (+126.4% in USD) and annualized net returns of +16.1% in EUR (+14.6% in USD).
Net return: no leverage, after all fees & expenses (no mgmt fee, 25% success fee after 4% hurdle).
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