- The Ensemble Fund seeks to achieve long-term capital appreciation. The Fund invests in a focused portfolio of approximately 15 to 30 securities that meet our demanding criteria.
- The Fund was up 6.93% vs. the S&P 500 up 8.55% this quarter.
- During the last one year, Fund is up 45.58% vs. the S&P 500 up 40.79%.
- Notable detractors from our performance came from our investments in Booking Holdings (4.1% weight in the Fund), Ferrari (4.5% weight in the Fund), and Landstar Systems (1.8% weight in the Fund).
For further details see:
Ensemble Fund Q2 2021 Investment Update