The Centaur Value Fund produced a tiny yet positive result of 0.0% for June. Investors may have been disappointed with this performance but year-to-date the fund is up 7.2% gross and 6.9% net, so there’s no reason to complain. Since inception (August 1, 2002) Centaur Value is up 461.8% gross and 343.4% net compared to the S&P 500’s total return of 205.7% over the same period. according to a letter reviewed by ValueWalk. Hedge Fund Letters To Investors Centaur, which is managed by Zeke Ashton, reported a net market exposure of 61% at the end of June, despite higher long…
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