Alta Fox Capital’s Q4 2021 Investor Letter

Alta Fox Capital, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. In Q4 2021, the Alta Fox Opportunities Fund (“the Fund”) produced a gross return of 3.82% and a net return of 3.04%. The Fund’s average net exposure during the quarter was 76.48%. Since its inception in April 2018, the Fund has produced a gross return of 649.50% and a net return of 434.83% compared to the S&P 500’s return of 93.06%, the Russell 2000’s return of 53.98%, and the Russell Microcap’s return of 52.58%. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.