THE TANTALLON TECH & SUSTAINABILITY FUND

 

 

The Tantallon Tech & Sustainability Fund is a Cayman Island vehicle that invests in listed equities globally. The fund targets a concentrated portfolio of around 20 names seeking returns from long-term growth companies as well as cyclical opportunities.

 

 

Performance Since Inception

(Click on each month's data below to read the monthly pdf report)

 

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

2019 Gross Monthly Return

2019 Gross Cumulative Return
2019 Net Monthly Return
2019 Net Cumulative Return
2019 Equity Monthly Return
2019 Equity Cumulative Return
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

2018 Gross Monthly Return

2018 Gross Cumulative Return
2018 Net Monthly Return
2018 Net Cumulative Return
2018 Equity Monthly Return
2018 Equity Cumulative Return
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

2017 Gross Monthly Return

+0.50%
+0.40%
-0.20%
+4.80%
+1.30%
+1.77%
2017 Gross Cumulative Return
+0.50%
+0.90%
+1.50%
+6.40%
+7.70%
+9.60%
2017 Net Monthly Return
+0.35%
+0.34%
-0.38%
+4.68%
+1.06%
+1.54%
2017 Net Cumulative Return
+0.35%
+0.69%
+0.93%
+5.66%
+6.78%
+8.42%
2017 Equity Monthly Return
+5.65%
+2.91%
-0.20%
+7.37%
+1.64%
+2.42%
2017 Equity Cumulative Return
+5.65%
+8.70%
+10.64%
+18.79%
+20.73%
+23.66%

Latest Investment Report

Tantallon Tech & Sustainability Fund, July 2019

The fund moved in line with the overall markets on the back of gains in our leading solar and battery investments while our large tech holding moved lower.

The markets were a lot more volatile than the monthly change would indicate as the technology sector initially corrected from its H1 rally and then continued to move to new highs before easing at month’s end.

2019Q2 earnings delivered on reduced expectations, falling about 10% yoy, but a majority of companies improved earnings sequentially and thereby marked 2019Q1 as a bottom. Notable exceptions with sequentially lower earnings were Samsung Semis & Wireless, Apple, Amazon and Tencent.

Read full report (pdf)

 

 

Last Three Quarter Reports (pdf)

 

For details and performance of our other funds, please check:

The Tantallon Fund

The Tantallon India Fund

 

Other News

Post card from Iran

There is so little information on Iran you cannot even find the Teheran Stock Exchange on Bloomberg. Yet this is an exchange with a market cap of US170billion, turning over up to US150m/day with zero foreign participation, entirely on the back of domestic mutual fund and retail investors.

News from Ukraine

In Lv’iv on the morning of my departure I attended the funeral of one of the casualties of the “anti-terrorist operation” in Donetsk. Loudspeakers relayed polyphonic chant from impressively hirsute Orthodox clergy to a cluster of old women and an honor guard, smoking furiously and in no mood to be photographed, waiting to transport the hearse the short distance from the altar to a waiting ambulance.

Previous Performance Data & Reports