Askeladden Capital Q2 2019 Investor Letter

YTD through 6/28/2019, Askeladden Capital Partners LP returned in excess of ~ +37% gross and ~ + 30% net of all fees, compared to +17% for our benchmark, the S&P 1000 Total Return.

The Q2 2019 letter discusses how our watchlist process has enabled us to quickly “reload” the portfolio, maintaining a robust expected return despite the strong year-to-date gains.

2019-06-29 Askeladden Capital Q2 2019 Letter – Askeladden Reloaded

Askeladden Capital Q1 2019 Letter

YTD through 2019-04-05, Askeladden Capital Partners LP returned in excess of +28% gross, and +24% net, versus a +17% gain for our benchmark, the S&P 1000 Total Return. Askeladden Capital Management also raised substantial additional capital, more than doubling total FPAUM since year-end.

Our investor letter, available here, discusses recent performance, the evolution of our investment strategy, and important business updates.

Askeladden Capital Q4 2018 Letter: A Better Life

Askeladden Capital returned over 21% gross in 2018, despite its benchmark declining over 10%.  Since inception, annualized gross and net returns of 26.5% and 20.7% significantly exceed benchmark returns of 10.7%.

In Askeladden’s Q4 2018 letter, I discuss the agency problems traditionally associated with small asset managers scaling, and why clients can be confident that I’ll avoid them.

2019-01-27 Askeladden Capital – Q4 2018 Letter