Quarterly Updates

Tralucent Asset Management Inc. (“Tralucent”) launched the Tralucent Global Alternative (Long/Short) Equity Fund (“the Fund”) on March 31, 2020. The Fund became a public fund on October 11, 2023, and Class E units of the Fund began trading on the Toronto Stock Exchange on November 16, 2023. Allow us to update you on our results:…

Tralucent Asset Management Inc. (“Tralucent”) launched the Tralucent Global Alternative (Long/Short) Equity Fund (“the Fund”) on March 31, 2020. The Fund became a public fund on October 11, 2023, and Class E units of the Fund began trading on the Toronto Stock Exchange on November 16, 2023. Allow us to update you on our results:…

Tralucent launched the Tralucent Global Alternative (Long/Shot) Equity Fund (“the Fund”, ticker TGAF on the TSX) on March 31, 2020. Allow us to update you on our results: Mar 31, 2020 – Dec 31, 2020 2021 2022 2023 Jan 1, 2024-Mar 31, 2024 Total  Return from shorts -0.07% 1.90% 7.95% 1.47% -3.60% 7.46%  Return from…

You may know we launched our Tralucent Global Equity Fund (“the Fund”) on March 31, 2020. Please find the updated results as at December 31, 2023 Mar 31, 2020 – Dec 31, 2020 2021 2022 2023 Total Return from shorts -0.07% 1.90% 7.95% 1.47% 11.47% Return from long 40.73% 30.53% -17.03% 24.50% 89.75% Total return…

Critique on Current Period First and foremost, The Tralucent Global Equity Fund has officially changed its name to the Tralucent Global Alternative (Long/Short) Equity Fund (“the Fund”). Over the last quarter, the Fund saw a 2.35% return over the last quarter, and a 26.48% return over the last year. Comparatively, the global market benchmark returned…

Critique on Current Period The end of the quarter marks the conclusion of the first half of quite an eventful year for the markets and for Tralucent! The Tralucent Global Equity Fund (“the Fund”) saw a 5.82% return over the last quarter, and a 21.62% over the last year. Comparatively, the global market benchmark returned…

Critique on Current Period The end of the quarter marks the conclusion of quite a year for the markets and for Tralucent!  The Tralucent Global Equity Fund saw an 8.50% return over the last quarter, and a -11.03% over the last year. Comparatively, the global market benchmark returned 7.59%, and -12.79%. The Fund continues to…

Critique on Current Period As at quarter end (September 30, 2022), the S&P 500 hit a new low of 3585. This is even lower than the S&P’s bottom at the June quarter. For some perspective, the S&P is trading around the same level as mid-November in 2021. Tralucent continues to outperform its benchmark, which we…

Critique on Current Period As at quarter end performance of major market indices is as follows: NASDAQ down 27.05%, S&P500 down 20.79%, and the MSCI World Index down 18.87%. As at quarter end, the Fund was down 17.67%. While never happy with negative performance, we are extremely proud that we are still outperforming the major…

Background, Evolution, and Disclosures A quick reminder of the inception and composition of the Tralucent Global Equity Fund The Tralucent Global Equity Fund (TGF) was officially created on March 31, 2020, through the consolidation of holdings from approximately 260 different separately managed accounts. Account holders were given an equivalent number of units of the TGF…