Palm Capital’s Q1 2021 Investor Letter

Palm Capital, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. Over the three months ending 31 March 2021 the portfolio increased by 3.1% after management fees & trading expenses. Over the same period our benchmark, the MSCI World Index, increased by 4.5%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.