Optimist Fund’s Q4 2025 Investor Letter

Optimist Fund, an investment management company, released its fourth-quarter 2025 investor letter. The Fund’s objective is to achieve capital growth at a rate in the mid-teens or higher over the course of several decades. In Q4 2025, the Fund declined 8.5%. The Fund, although not yet five years old, invests with a five-year perspective. While short-term drawdowns can be tough, the Fund is optimistic about the portfolio’s fundamental performance and confident in prospective returns over the next five years. The Fund believes that current valuations significantly underestimate the earnings and cash flow the core holdings will produce in five years. In addition, please check the Fund’s top five holdings to know its best picks in 2025.

A copy of Optimist Fund’s Q4 2025 investor letter can be downloaded here.