LVS Advisory’s Q3 2022 Investor Letter

Investment management company LVS Advisory, a New York City-based full-service investment firm, recently released its third-quarter 2022 investor letter. A copy of the same can be downloaded here. The defensive portfolio of the fund gained 2.9% in the quarter. Year-to-date, the portfolio gained 3.3% compared to an 18.5% decline for the Barclays High-Yield Bond Index. In comparison, the Growth Portfolio was down 5.5%. The portfolio underperformed the S&P 500 Index in 2022 and declined 36.4% year to date. For more information on the fund’s top picks in 2022, please check its top five holdings.