Thank you!
23 December 2022
Dear reader,
As we near the end of 2022 – though we must remain cautious given the prevailing volatility in the markets – we wanted to take this final Post before Christmas to express our gratitude.
First and foremost, we'd like to say thank you for following us, for those who have already taken the leap of trust 😉, and for supporting us with your numerous messages!
Whatever unfolds in the final trading days of this year, one thing is certain: it will be a year to remember (I considered delving into the well-known grim statistics on this December 23, but I won't bore you – after all, it's Christmas time).
On our end, Monocle Fund has maintained its pace towards the finish line, with a performance (A share) of -1.33% since the beginning of the year and +16.08% over the past 5 years as of December 21 (compared to -9.54% since the beginning of the year and -3.00% over 5 years for comparable funds in the Quantalys category). It's a realization that doesn't make us blush thus far but one that we are keen on improving.
Rest assured, we eagerly anticipate the arrival of 2023 with bated breath and above all, to continue doing what we love: our disdain for the crimson hue.
Wishing you all a fantastic holiday season,
Until we meet again in the new year,
Max for the Monocle AM team
Ps: You will, of course, find your Market Focus and Portfolio sections in the first post of 2023.
Monocle Fund Performance
As of December 21, Monocle (Share A) stands at -1.33% for 2022.
2021: +4.23%
2020: +6.44%
2019: +6.09%
2018: +0.11%
Disclaimer
This presentation is a promotional document. The content of this document is communicated by and is the property of Monocle Asset Management. Monocle Asset Management is a portfolio management company approved by the Autorité des Marchés Financiers under number GP-20000040 and registered with the ORIAS as an insurance broker under number 10058146. No information contained in this document should be construed as having any contractual value. This document is produced for information purposes only. The prospects mentioned are subject to change and do not constitute a commitment or a guarantee. Access to the products and services presented here may be subject to restrictions for certain persons or countries. Tax treatment depends on individual circumstances. The fund mentioned in this document (Monocle Fund SICAV) is authorized for marketing in France and possibly in other countries where the law permits. Before making any investment, it is advisable to check whether the investor is legally entitled to subscribe to the fund. The risks, costs and recommended investment period of the funds presented are described in the KIDD (key investor information documents) and the prospectus, available free of charge from Monocle Asset Management and on the website. The KIDD must be given to the subscribers before the subscription. Past performances are not a reliable indicator of future performances. Monocle Asset Management cannot be held responsible for any decision taken or not taken on the basis of information contained in this document, nor for the use that could be made by a third party. The investor may lose all or part of the amount of capital invested, as the funds are not capital guaranteed.
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