- Don’t lose money
- Don’t lose out to inflation.
In recent news, local fund manager Asia Genesis put out a succinct letter to shareholders to explain their recent performance for their Asia Macro fund, what happened and their decision to close down the fund:
The fund was incepted not too long ago in 2020. From the Asia Genesis website, we can derive the following information:
The fund’s goal is to seek capital preservation and positive annual compounding. That message is meant to appeal to many of us because this is the goal we all seek: