HOBOKEN, N.J.--(BUSINESS WIRE)--The Barnegat Fund has just completed its 11th year. We have significantly outperformed. In those 11 years, the share price has gone from 1.0000 to 6.0878, a gain of 508.78%. This is a compound annual rate of return of 17.8%/year since our launch in 2001.
Over that time, our investors have invested $658,927,633 and redeemed $955,066,639. Given that our fund is worth $474,347,628, this means that we have created $770,486,634 of value for our investors during those 11 years.
The Barnegat Fund is managed by Barnegat Fund Management Inc, a Fixed-Income, Relative-Value hedge fund manager based in Hoboken, New Jersey, USA.
Barnegat focuses on interest-rate anomalies in the large, liquid markets of North America, Europe and the Pacific Rim. It captures these mispricings via government bonds, interest-rate swaps and futures.
Bloomberg Ticker Code: (MANBAFB Index)