LVS Advisory, a New York City-based full-service investment firm, recently released its first-quarter 2024 investor letter. The LVS Event-Driven portfolio declined (1.4%) (net of all fees and expenses) in the first quarter compared to a 1.6% gain for its benchmark High-Yield Bond Index. On the other hand, its Growth Portfolio returned 14.7% during the same period compared to a 10.6% return for its benchmark, S&P 500 Total Return Index. For more information on the fund’s top picks in 2024, please check its top five holdings.
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