The Jemekk Hedge Fund seeks to provide long-term capital growth by investing primarily in Canadian and U.S. equities, and may focus its assets in specific industry sectors and asset classes based on analysis of business cycles, industry sectors and market outlook. The fund will seek growth through strategic selection and trading of long and short positions in equity, debt and derivative securities.


Jemekk Hedge Fund July 2023

Jemekk Hedge Fund Commentary Q1 2023

 


Fund Pricing (As at 05/31/2023)

Class F $19.8393

Last Month End

$20.5223

% Change

-3.33%

Class B  $15.7025

Last Month End

$16.2582

% Change

-3.42%

Return Highlights

Compound Annualized Returns

8.04%

Average Monthly Return

0.76%

Cumulative Return Since Inception

531.58%

Total Positive/Negative Months

178/108

Statistical Analysis

Percentage of Months Beat Benchmark When Positive 43%

Percentage of Months Beat Benchmark When Negative

57%

Annual Standard Deviation

17.01%

Sharpe Ratio (0.5%)

0.51

Sortino Ratio (MAR=0%)

0.88

Fund Returns vs Benchmarks (%)

1yr 3yr 5yr 10yr *CAGR
Jemekk Hedge Fund 4.14 -0.07 1.70 1.18 8.06
S&P TSX 8.73 7.59 8.86 7.22 7.40

* CAGR (compound annual growth rate) is the annualized return rate since inception; all fund returns are net of fees.