SVN Capital Fund H1 2021 Commentary
SVN Capital’s commentary for the first quarter ended June 30, 2021. Q2 2021 hedge fund letters, conferences and more Dear Partner, SVN Capital Fund’s portfolio returned 16.7% gross and 15.3% net of all fees in the first half of 2021. Your return will be different depending upon when you invested. In the following pages, I will walk you through changes to the portfolio, the top three holdings, and market musings. Before I get started with the portfolio, please allow me to digress a bit to talk about investing lessons from mountain climbing, specifically the 8,000ers. We All Have Our Own Annapur...