Arnott Capital – October Performance Update

Arnott Capital commentary for the month of October ended October 31, 2022. The fund returned negative 2.93% for the month of October 2022. Net exposure averaged 40% long, while gross averaged 107%. This brings our Calendar Year Return to positive 0.04% and since inception return to positive 22.39% p.a. net of fees. Q3 2022 hedge fund letters, conferences and more The Risk Manager and the Opportunist We have two clear investment objectives that require two different skill sets. Our first and foremost objective is to preserve capital. To achieve this, the risk manager must be in control of the portfolio….