Below are excerpts from the quarterly report of TwinPeak Capital, a private family office we manage.
(Excerpt)
December 31, 2016
TwinPeak Capital NAV (the “TWIN”) increased 2.97% versus a 1.27% loss for the iShares Core MSCI Pacific ETF (the “MSCI Pacific”) for the quarter ending December 31, 2016. The following table compares the TWIN’s unaudited performance (after fees) with that of the MSCI Pacific for various periods ending December 31, 2016.For the quarter ended December 31, 2016, the Company outperformed the iShares Core MSCI Pacific ETF (the “MSCI Pacific”) by 4.24 percentage points. From inception, the Company outperformed the MSCI Pacific by 15.82 percentage points on a cumulative basis.
At December 31, 2016, the value of a SG$10,000.00 hypothetical investment in the TwinPeak Capital at its inception is worth SG$11,511 compared to SG$9,929 for the MSCI Pacific.