LJM Preservation & Growth Fund

UPDATE ON LJM PRESERVATION & GROWTH FUND

On Monday, February 5, volatility and options markets experienced an extreme outlier event. The movement in the VIX Index, a proxy for implied volatility, reached record levels. The aggregate move of 20 points in VIX on Monday was the greatest in VIX history. While the Fund does hold long options to help mitigate risk, the extreme VIX movements resulted in settlement option prices that caused significant losses on Monday.

To read the full letter, click here

For more information about our fund click here.
If you are interested in learning more or making an investment, please feel free to contact us