Aperture Discover Equity Fund - Q3 2022 Commentary
Aperture Discover Equity: Commentary for Q3 2022
Aperture Discover Equity Fund (the “Fund”) was down -2.32% net of fees in the third quarter of 2022, trailing the Russell 2000 Total Return index (Ticker RU20INTR, the Fund’s benchmark) which was down -2.19% in the quarter. Since inception, the strategy has returned 8.53% annualized through September. The Fund has generated a cumulative total return of 25.28% net of fees, almost 7x the performance of the Russell 2000 total return index of 3.44%.