Month: May 2020

There are two stages in a company’s life cycle that are especially attractive to investors for their return vs. risk characteristics. In these two stages, investor remuneration in the form of capital gains is extraordinary. Considering their special appeal and the different ways businesses must be managed in each stage,…

In April the two funds for which we have more investment flexibility, posted positive YTD returns:  Sigma Fund Real Return reaches +2.38% and Sigma Fund Prudent Growth +4.08%. Sigma Fund Quality Stocks (unhedged equity) posted MTD returns of +14.28% (-1.7% YTD). The key factors in our management these last two…