Elevation Capital Value Fund

Elevation Capital Value Fund December 2016 Letter

Elevation Capital Value Fund performance summary for the month ended December 31, 2016.

2016 Hedge Fund Letters

For comparative purposes we have detailed two informational benchmarks we consider relevant to underlying (and prospective) investors in the Value Fund. These are NZ CPI + 5% per annum which we believe highlights to investors whether we are preserving and growing their real purchasing power overtime and the iShares MSCI All Country World Index (ACWI) Exchange Traded Fund (ETF) in NZD terms. We realise investors have a choice of investment managers and increasingly exchange traded funds (ETF’s), and as such we publish these comparatives for your assessment purposes. It is important to consider that our portfolio does not track or follow any index (refer the Funds Active Share statistics on page 2), and we consistently operate with conservative cash levels. We would also highlight that these two informational benchmarks are not provided for performance fee calculations as there are no performance fees charged or payable within/by the Fund.

Elevation Capital Value Fund

Elevation Capital Value Fund

Elevation Capital Value Fund

Elevation Capital Value Fund

Elevation Capital Value Fund

See the full PDF below.


Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Welcome in the new year by signing up up for ValueWalkPremium today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 1/31/2019 or after next 30 23 subscribers take advantage whichever comes first – please do not share this discount with others