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Weekly Update Report #46

May 3, 2019

 

From The Fund Manager

 

Hello Investors,

 

For this week, we will again have a short letter as we have our fund manager, Tim Dawson, needs to attend to unexpected personal circumstances.

 

This week saw a mix of a mostly ranging type of market movement, with some opportunities to capture profit in a few instances. There are technical signs that there could be more volatility in the weeks to come, and it is something that we will look forward to.

 

On the matter of the restructuring of the fund, we have had discussions regarding the update of fees and we were contemplating a few possible options. Other important issues like the handling of the current buyback queue was also highlighted and discussed. Updates on the restructuring at this point is delayed, but remains as a matter of priority on our agenda.

 

Further updates will be presented and posted over the week if and when we have them.

 

Have a great weekend!

 

 

Best regards,

 

Chris Yap

Investor Liaison
Countinghouse Fund

 

 

 

Weekly Performance

 

 

Market Activity Summary

 

Market Data Source: Thanks to @BazzWatkins

 

Photo Credit: Allef Vinicius on Unsplash

 

 

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