Arnott Capital – August Performance Update

Arnott Capital commentary for the month of August ended August 31, 2022. The fund returned positive 3.75% for the month of August 2022. Net exposure averaged 16% long, while gross averaged 123%. This brings our Calendar Year Return to positive 4.94% and since inception return to positive 23.47% p.a. net of fees. Q2 2022 hedge fund letters, conferences and more Since 2019, we have been invested in the Uranium thematic. Our core perspective is that the end of the prolonged Uranium bear market is nearing, with demand significantly outstripping supply in the intermediate term. As part of our process, we…