We did well in 2021. It was a record year. The AVF delivered +18.26% nett of all fees to investors.
It’s timely now to consider banishing another age-old barbaric practice: wars. Indeed, it’s shocking that, as we look ahead into 2022, the prospect of war is not zero, in places like Ukraine, Iran or Taiwan. – Kishore Mahbubani
December 2021 was a good month with all the markets we have invested in heading north. The fund ended up handsomely with our Israel position again leading the way with a gain of 8.94% for the month.
Equalisation credit and contingent redemption are two topics frequently asked by our existing and potential investors. We prepare some explanations here.