Bradfield Investments recently shared its Q1 2019 Investor Letter, a copy of which you can download below. The fund reported YTD return of 10.19% underperforming the S&P 500 which generated a return of 17.75% in the same period.
Dear Partners,
Year to date our portfolio has returned 10.19%, and our annual return for the year ending 2018 was 15.39%. Comparatively, the S&P500 has returned 17.75% YTD, but returned a whooping-4.85 for 2018.
We added to our positions in Reckitt Benckiser and...
