Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The Canopy Global Small & Mid Cap Fund returned 9.4% net in its first full year (FY25), underperforming the benchmark due to a highly speculative market favoring low-quality stocks, but remains anchored in quality compounders targeting 15% p.a. five-year expected returns.
Full Quick Take
The Canopy Global Small & Mid Cap Fund returned 9.4% net in its first full year (FY25), underperforming the benchmark due to a highly speculative market favoring low-quality stocks, but remains anchored in quality compounders targeting 15% p.a. five-year expected returns.