Q2 FY23

It's a good time for the Mach 1 Fund, it generated +12% YoY gross returns through 31 December 2022 while traditional markets experienced YoY losses (-5% ASX/S&P 200, -19% S&P 500, -33% NASDAQ). Only the FTSE posted positive YOY gains, but at +1%, it was marginal.

The ability for the Fund to continue to generate positive returns during this time is a testament to the nature of this investment class as an anti-inflation hedge, with low volatility and low market correlation and our teams ability to buy the right car at the right time Even in a wealth preservation cycle, the Fund is capable of generating positive returns (and satisfy its minimum target return rate)