For the quarter ended 30th September 2021, the Fund gained 1.9374% after distributing dividends and bond coupons amounting to 0.8251%.
I’ve been reflecting on the events of the past year and David Gilmour’s Pink Floyd song “Wish You Were Here” came to mind, and in particular, the following…
Jupiter Mines’ (‘Jupiter’) share price fell 4.2% today on news that a substantial shareholder, AMCI Group LLC, is seeking to remove the Managing Director, Mr Priyank Thapliyal, from the board.
The Fund gained 1.358% in its first quarter and is building a diversified portfolio that should deliver you at least 9.9% in dividends (before fees) for the first year. We’re currently 73% invested. As we get fully invested the yield should climb well into double digits.
Money, at times, makes people behave in peculiar ways. It can be very destructive if you do not have a grasp of what it can do, how you relate to it, and what it can do to people you interact with.