Aristides Capital – Short Harry Potter / Long Southern Bankers

Like many hedge funds, Aristides Capital has a primary objective to “seek capital appreciation.” What makes the primary long / short equity fund perhaps most interesting is they prefer to do so “while attempting to maintain a low correlation to the U.S. stock market, and to limit downside volatility to less than historical norms for the S&P 500 index,” according to a review of fund documents by ValueWalk. Also see our favorite hedge fund letters Generally low volatility, a 76% monthly win percentage and a 17.03% annualized return How is the hedge fund with just $62.3 million under management run…