Quarterly Bulletin Q3 – 2020

Given that each of our three main strategies generated positive returns, we are well placed to end the year in positive territory, just as we had hoped at the end of the second quarter.

Although this last quarter was quieter than the previous two, the factors provoking considerable volatility in the financial markets – COVID-19, a highly uncertain economy, and the U.S. elections – are still very much with us. We therefore believe that our investors’ best interests over the next few quarters will be well served by the Amethyst Fund’s approach, which is based on achieving an absolute return with less volatility.