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Weekly Update Report #41

March 29, 2019

 

From The Fund Manager

 

Dear Investors,

 

The fund had a positive yield week. As always, it was a mix of successful and failed trades. We saw a particularly strong set of trades on Wednesday afternoon, Australian time, making up a significant portion of this week's profits. Good to end this week up from last week's loss.

 

Half of the management team, including myself, are on the road for the latter part of this week and time is scarce, so I apologise in advance for the brief nature of this weeks letter.

 

We are still to work through all the collected feedback from our investor community regarding structural changes to the fund. To set realistic expectations, this restructure is likely to be in the time frame of months, not weeks. However we will keep you updated on progress.

 

That's all from me, thanks for taking the time to read the report. On behalf of the team we'd like to wish you all a safe and happy weekend.
 

Tim Dawson

Fund Manager
Countinghouse Fund

 

 

 

Weekly Performance

 

 

Market Activity Summary

 

Market Data Source: Thanks to @BazzWatkins

 

 

 

 

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