“For the broader market, the first quarter of 2019 was the best annual start in nearly twenty years. I am happy to report that Mott Capital also achieved the strongest first quarter in the nearly five years since inception of our investment strategy. During the quarter the Mott Thematic Growth Composite rose by 14.8% net of fees and transaction costs, beating the S&P 500 total return index gain of 13.65%, and the S&P 500’s advance of 13.1%.”
You can download Mott Capital’s 2019 Q1 investor letter below:
You can also see the list of our 2019 Q1 investor letters and download them on this page.