This Financial Services-Focused Fund Bounced Back In Q2 Due To A Stock Purchased Back In 2005Michelle Jones
Jacobs Asset Management's JAM Partners was up 3.2% net for the second quarter, bringing its year-to-date returns to 1% for the first half of the year after Q1's decline. For comparison, the S&P 500 gained 4.3% in Q2 and 18.5% for the first half of the year, while the KBW Bank Index gained 5.5% for the quarter and 15.9% for the first six months.
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