MDB - LRT Capital Management May 2024 Investor Update
2024-06-05 04:00:00 ET
Summary
- LRT Capital is a fundamental investment hedge fund. Our sole aim in crafting our investment program is to maximize long-term investment returns.
- For the month of May, the strategy was up +0.69%, bringing overall results to +11.46% for the year.
- Our longs contributed significantly to performance partially offset by our shorts.
- Given the complexities of AI and the difficulty in fully comprehending its potential, it is perhaps understandable that many default to the assumption that the advancements are highly beneficial for Nvidia.
- What is the fair valuation for Nvidia?
Dear Friends & Partners,
Our investment returns are summarized in the table below:
| Strategy |
| Month |
| YTD |
| 12 Months |
| 24 Months |
| 36 Months |
| Inception |
| LRT Global Opportunities |
| +0.69% |
| +11.46% |
| +6.97% |
| +11.05% |
| -1.15% |
| +19.31% |
| Results as of 5/31/2024. Periods longer than one year are annualized. All results are net of all fees and expenses. Past returns are no guarantee of future results. Please see the end of this letter for additional disclosures. |