Crescat Global Macro +8.4%
Crescat Long/Short: +5.1%
Crescat Large Cap: +3.0%
S&P 500: +2.7%
It's no secret that this year has been a volatile one for the markets. The S&P 500 is down 18% year to date, while the Nasdaq Composite is off by 27% year to date. Meanwhile, the VIX, a key measure of volatility, is up 49% year to date at 24.72. However, it has spiked as Read More
The great news for our investors is that the entire year’s drawdown in the Global Macro Fund was erased in the first five days after the election. The fund is now in the black year to date with 14 out of 17 of our macro themes up in November. We exited the Maturing Expansion theme and added a US Fiscal Stimulus theme last week. We will continue to work hard to protect the gains and keep them going through year end and beyond.