Bulletins

Making money entails a lot more than predicting which way the stock or bond markets are heading or trying to figure which stock or fund will double over the next few years. For the great majority of investors, making money requires a plan, self-discipline and desire.

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.