Arnott Capital – July Performance Update

Arnott Capital commentary for the month of July ended July 31, 2022. The fund returned negative 0.96% for the month of July 2022. Net exposure averaged 1% long, while gross averaged 154%. This brings our Calendar Year Return to positive 1.15% and since inception return to positive 23.22% p.a. net of fees. Q2 2022 hedge fund letters, conferences and more Since the end of 2021 we have taken a cautious view on risk assets as we saw two headwinds emerging as we entered into 2022: The Federal Reserve, alongside other central banks were set to commence withdrawing liquidity from global…