Investor Summary

Aaron Saunders founded Comus Investment, LLC in 2016 in a Seattle apartment and serves as owner and portfolio manager. He graduated from Union College in NY with a bachelor of economics in 2014 and from the University of Leuven in Belgium with a master of business economics in 2015, focusing on microeconomics, international business strategy, entrepreneurship, and industrial engineering. Prior to founding Comus, he co-founded a Belgian start-up called AcademicLabs and worked as an industrial engineer with UPS. Saunders has been registered as an Investment Adviser Representative since January 2017 and holds the Series 65 license. He maintains a clean regulatory record with no disciplinary actions or customer disputes. Under his leadership, the firm has delivered cumulative gross returns of 275.51% since inception, with annualized returns near 15%.

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Fund Strategy

Comus Investment specializes in quantitative management focused on international, deep-value equities. The firm targets pockets of global markets that other institutions are unable to access, investing in unwanted companies and minimizing competition with major market participants. The investment approach emphasizes extreme patience and rigid valuation criteria, focusing on acquiring companies that are cheap relative to assets, earnings, and projected cash flows. The strategy involves concentrated, non-diversified portfolios primarily composed of small Hong Kong equities and select European companies. The firm applies strict standards for expected returns and maintains disciplined cash positions when attractive opportunities are limited. Since inception in 2016, this approach has delivered exceptional long-term performance through patient value investing in overlooked international markets.

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FUND PERFORMANCE AS OF 31st December 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
12.4% - 43.4%
2025 2024 2023 2022 2021 2020
43.4% 0.5% 8.0% -12.3% 16.4% -5.2%