Highwood Value Partners H1 2025 Letter To Investors

2025-07-22 02:35:00 ET

Dear Investors,

During the first half of 2025, our portfolio was up 4.2% in Canadian dollars net of fees which brings our return since inception to +66.3% in Canadian dollars net of fees. This compares to the most relevant benchmark index, the MSCI ( MSCI ) Europe SMID Cap index, which is+57.1% since the date of our inception....

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