Arkenomics Provident Fund is up approx. 14% net in SGD (approx. 24% net in USD) for its 15 months since inception from October 2022 to December 2023. We continue to own & acquire a fairly concentrated group of quality companies with large margins of safety. These companies are: (1) mispriced (2) have strong cash flows (3) low debt / net cash (4) trade at low valuations (5) pay dividends to hold. For our investors and ourselves, short term gyrations in price is par for the course but we firmly believe that we will continue to be well rewarded over time. Sharing our second newsletter circulated to investors mid-last year, July 2023.
Pleased to share our second newsletter sent to investors in July 2023.
