Some things have changed significantly – the new joint active hostilities in Iran and the simultaneous campaign in Ecuador – and some have not. The on-again-off-again tariffs, a still-moving target that has left many businesses and industries scrambling to keep up and plan remain. As a result of the dense news cycle, the members of the Board of Managers are working harder than ever to analyze, anticipate, and maintain prudent allocations in the Fund without making knee-jerk responses to any single piece of news. The good news for the Fund is that the total gross return for February is 2.70%
Photo courtesy David Ostwind
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