LONG TERM CAPITAL FUND NEWSLETTER (NOV)

November 1, 2023

Vol. November 2023 – Long-Term Capital Fund Newsletter

Many investors have under-allocated to US Equities after the peak pessimism shown in late October. Has the S&P train left the station after a big November?

One can take comfort that 2023 would only be the first year of recovery since a -19% year in 2022. If so, it is not likely to be in an exuberant state with many investors still on the sidelines.

What if buying after the S&P 500 has rose considerably this year is still a bitter pill to swallow? Two quick solutions come to mind….

Further reading from Kamet capital

GLOBAL BOND FUND FACTSHEET (NOV 2025)

The Fund aims to deliver both coupon income and capital appreciation through investment in global fixed income securities, primarily in investment grade bonds, senior bonds and quasi sovereign bonds.

INCOME INNOVATION FUND FACTSHEET (Nov 2025)

Global markets experienced heightened volatility in November, driven by a push and pull between concerns over AI valuations and growing expectations of monetary easing. In Asia, Chinese markets remained caught between policy optimism and weak economic data, as subdued inflation and slowing investment highlighted soft domestic demand.

LONG TERM CAPITAL FUND FACTSHEET (Nov 2025)

The Fund aims to deliver a steady combination of long-term capital growth and income by investing globally in a range of asset classes.