Sandon Capital

Sandon Capital Activist Fund January 2016 Commentary

Sandon Capital Activist Fund commentary for the month ended January 31, 2016.

The Sandon Capital Activist Fund delivered a return of -1.3%% in January, bringing total returns (net of all fees and expenses) since inception to the equivalent of 13.0% per annum.

January provided another rollercoaster for global markets. Australia was not spared, with the S&P/ASX200 Accumulation Index falling 5.5% and the Small Ords Accumulation Index falling 5.1%.

The commentary from the December . . .

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