Rondure Global Advisors’ Q1 2023 Investor Letter

Rondure Global Advisors, an investment management company, released its first quarter 2023 investor letter. A copy of the same can be downloaded here. Rondure New World Strategy outperformed its benchmark in the first quarter by 116 bps. Industrials and Consumer Discretionary were the top contributors while Information Technology and Communication Services detracted from relative performance. On the other hand, Rondure Overseas Strategy underperformed the benchmark in the first quarter by 166 bps. Energy and Real Estate were the top contributors to relative performance while Consumer Staples and Consumer Discretionary sectors detracted. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.