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...
