Iolite Partners Down -14.5% In 1H16VW Staff
Iolite Partners commentary for the first half ended June 30, 2016.
For the half-year ended June 30, 2016, Iolite Partners' unleveraged portfolio returned -14.5% in EUR (-10.4% in USD), net of all fees. Since inception on October 1, 2008, the core portfolio has generated net cumulative returns of +143.6% in EUR (+110.0% in USD) and annualized net returns of 12.2% in EUR (+10.0% in USD). In other words, a euro invested at inception has turned into €2.44 (a dollar invested at inception has turned into $2.10).
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