IML fund investors have seen the dollar value of their holdings steadily increase at an impressive annualized rate of 11.27% this quarter; all while the fund maintains its near-zero drawdown policy.

In the first quarter of 2020, the value in holding a significant proportion of one’s portfolio in safe-haven assets like IML has been made very clear. As the world experiences economic shutdown in an effort to contain the COVID-19 pandemic, almost every asset class has lost significant value - including supposed safe-haven or hedging assets.

In stark contrast, IML fund investors have seen the dollar value of their holdings steadily increase at an impressive annualized rate of 11.27% this quarter; all while the fund maintains its near-zero drawdown policy. IML enjoyed its best month since inception in February this quarter, recording an outstanding annualized return of 15.34%. The fund’s net assets under management ended Q1 standing at $1,286,683, up 15.9% from the start of the quarter.

Read the latest report here.