Avenir Value Fund June 2016 Investor LetterVW Staff
Avenir Capital is based in Sydney, Australia. The hedge fund is a value-oriented, global public market investment fund returning annualised gross returns of 17% over the past five years. Below is Avenir Value Fund investor letter for the month ended June 30, 2016.
The Avenir Value Fund (the “Fund”) increased 6.6%, net of fees and expenses, in the June 2016 quarter compared to the S&P 500 which increased 2.5% and the ASX . . .
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