KG Investments Posts 12th Consecutive Year Of Profits

After an incredibly impressive 12.9% return in November and a 4.8% return in December, KG Investments Fund finished 2020 with a total positive return of 15.7%, slightly underperforming the S&P 500 index, which returned 18.4% for the year. That’s according to the group’s latest investor tear sheet. Q4 2020 hedge fund letters, conferences and more However, KG’s long-term performance more than made up for the firm’s underperformance last year. Since it launched 12 years ago, the fund has not reported a single down year. Since inception (Janruary 2020), the fund has returned 17.69% annualized, outperforming the S&P, which has annualized…